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REALTY LEADERS Ltd. Smart Real Estate!

Yonge/Sheppard (Toronto, Ontario, CA - M2N5M1)
$10,800,000

REALTY LEADERS LTD.


REALTY LEADERS LTD.
416-261-9111(Office)


 
Details

Address: 4632 Yonge Street
Type: Commercial
Style:  2 Story
Size: 9,000 sq. ft.
Lot Type: Rectangular
Lot Size:  19075sq. ft. 
Year Built: 1950
 
Description

Retail Property For Sale

Building Size:9,000 SF
Property Type:Retail
Property Sub-type:Retail (Other)
Property Use Type:Investment
Cap Rate:2.48%
Occupancy:100%
No. Stories:2
Tenancy:Multiple
Year Built:1950
Lot Size:19,075 SF

Highlights

INCOME PROPERTY ON YONGE STREET with Condo REDEVELOPMENT POTENTIAL All leases are gross leases and include demolition clause


19,075sf - 0.44 acre - 0.177 hectare. L-shaped lot on the north-west corner
of Yonge Street and Cameron Avenue

Burdened by vast rooftop billboards and overdecorated with store signs,
this little plaza was from the older generation of local Yonge Street commerce.
There were five local stores on the ground floor ... tanning studio,
tavern, tile & carpet, etc ... and commercial space on the second. Exterior
maintenance appeared to have been fine.

Commercial building on the Northwest
corner of Yonge Street & Cameron Avenue
Plus a residential house.
(About 500 Meter South Of Sheppard Avenue)
************************************
4632-4636 YONGE STREET + 16 CAMERON AVENUE
(Yonge & Sheppard)
The plaza part of the site may have been a potential development site for
condominium apartments.
 
Brokered and Advertised by:
   Home Leader Realty Inc.
 
P2#156351779

Information is deemed to be correct but not guaranteed.

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