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950 Albion Road E Toronto, Ontario M9V 1A7

31350 sqft
Fully Air Conditioned Forced Air

$14,888,000

Investment property for sale, 950 Albion RD--Strip plaza/Retail, 2 tenants only. Grow Fitness for sale; tenant #1Grow Fitness- 13,850 sq. ft plus patio (not calculated extra sq.ft.); tenant #2 Basement is 17,500 sq. ft Basement. Tenant just spent close to 1 million to set up Play Place ( Kids and Adults), Training. Tenants pay HST on top of Rent Lease attached. TMI is $10,500 per $39,500 Net (950 Albion )$15,000 Net ( 960 Albion) = x 12 =$654,000 Tenants pay TMI: Taxes estimated at $ 5 x 14,000 sq. ft = $ 70,000 per year estimate. Utilities , CAM, = $ 4 x 14,000sqft = $ $50,000 per year estimate, Redevelopment potential of 300 units potential on site and main floor retail (id:60365)

Property Details

MLS® Number W12230268
Property Type Business
Community Name Thistletown-Beaumonde Heights

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeExterior 31350 Sqft
SizeInterior 31350 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 31350 Ft
SizeFrontage 506 Ft
SizeIrregular Bldg=506.02 X 31350 Ft
SizeTotalText Bldg=506.02 X 31350 Ft
ZoningDescription Commercial

https://www.realtor.ca/real-estate/28488494/950-albion-road-e-toronto-thistletown-beaumonde-heights-thistletown-beaumonde-heights

Lina Gueorguieva
Broker

Right At Home Realty
1396 Don Mills Rd Unit B-121
Toronto, Ontario M3B 0A7

Tony Hubenov
Broker of Record

Hubenov Realty Inc.
176 Misty Meadow Dr
Woodbridge, Ontario L4L 3V7

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June 18 2025 08:25:42

Toronto Real Estate Board

Right At Home Realty, Hubenov Realty Inc.

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