Exceptional commercial investment opportunity in the highly desirable Woburn community of Scarborough. This prime 2 acre site features fully occupied commercial units with strong, stable cash flow, generating approximately $900,000 annually. The property is anchored by 12long term tenants, providing reliable income and minimized vacancy risk. Strategically located in a rapidly evolving growth corridor, this asset offers significant future development potential, including residential or mixed-use redevelopment, subject to zoning and municipal approvals. Ideal for investors seeking immediate income with long-term upside in one of Scarborough's most sought-after neighborhoods. A rare opportunity to secure a high-performing asset with redevelopment flexibility in a proven Exceptional commercial investment opportunity in the highly desirable Woburn community of Scarborough. This prime 2 acre site features fully occupied commercial units with strong, stable cash flow, generating approximately $900,000 annually. The property is anchored by 12long term tenants, providing reliable income and minimized vacancy risk. Strategically located in a rapidly evolving growth corridor, this asset offers significant future development potential, including residential or mixed-use redevelopment, subject to zoning and municipal approvals. Ideal for investors seeking immediate income with long-term upside in one of Scarborough's most sought-after neighborhoods. A rare opportunity to secure a high-performing asset with redevelopment flexibility in a proven location. (id:60365)
| BusinessType | Retail and Wholesale |
| BusinessSubType | Retail misc. |
| MLS® Number | E12710652 |
| Property Type | Retail |
| Community Name | Woburn |
| Features | Irregular Lot Size |
| Age | 51 To 99 Years |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 88156 Sqft |
| Type | Retail |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 301 Ft |
| SizeFrontage | 193 Ft |
| SizeIrregular | 193 X 301 Ft ; Irregular |
| SizeTotalText | 193 X 301 Ft ; Irregular |
| ZoningDescription | Cr0.4(c0.4;r0)*366) |
https://www.realtor.ca/real-estate/29267440/3601-lawrence-avenue-e-toronto-woburn-woburn
Kamal Navaratnam
Salesperson
Ramanan Santhirasegaramoorthy
Broker