agent-photo

PARDEEP JASSI

REAL ESTATE TEAM

Sales Representative

1
$2,500,000 Sale
Listed 1 day
1802 Avenue Road
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Listing History
Buy/Sell/Terminated/Expired listing history for 1802 Avenue Road
Key Facts
Key facts for 1802 Avenue Road
Property Type
Commercial
Parking
None
MLS #
C12435748
Size
-
Basement
-
Listed on
2025-09-29
Lot size
16 x 165.21
Tax
$28,025.93 /yr
Days on Market
3
Approximate Age
-
Maintenance Fee
-
Description
FOR SALE - INVESTMENT OPPORTUNITY Presently configured as a prestigious and prominent plastic surgeon's clinic, with ancillary services including a cosmetic & laser clinic and a massage therapy clinic, this unique custom-designed, specialty-use medical building provides an unrivaled opportunity for ...the discerning investor. INVESTMENT HIGHLIGHT This extensively renovated and upgraded medical building, with rentable area of 2,805 SF approximately, is 100% occupied by established medical service practitioners and provides a high-performing asset, characterized by a strong net operating income.On closing, a new 5-year lease term will be in place, providing a 5% yield on asking price. Located in the heart of Toronto's exclusive Bedford Park. The immediate community is home to artisanal gourmet grocery favorites Ambrosia, and Pusateri's amongst many shops, services and dining venues lining Avenue Road. The prestigious Havergal College, Toronto Cricket Club and Rosedale Golf Club are conveniently nearby. The Yonge Street on-ramp to Highway 401 is within a few minutes drive and downtown Toronto within approx. 25-minutes. Established in 2009, the clinic includes three distinguished medical service providers: Ground Floor: Avenue Plastic Surgery (avenueplasticsurgery.ca) Second Floor: Cosmetic & Laser Clinic (avivaclinic.ca) Lower Level: Massage Therapy Clinic (diegoricetto.com).
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Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.