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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active Under Contract
Purchase Type For Sale
Municipality Toronto E09
Subdivision Woburn
MLS Listing ID E12728178
Annual Tax Amount $198,500
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
2 ACRE PLAZA: Prime commercial investment in the heart of Scarborough's Woburn district (MARKHAM&LAWRENCE). This property offers fully leased retail units delivering consistent, dependable income of approximately $900k per year. Supported by 12 established long term tenants, the asset provides strong stability with low vacancy exposure. Positioned within a rapidly transforming corridor, the site presents compelling future upside, with potential for residential or mixed use redevelopment subject to municipal approvals and zoning. This is an ideal opportunity for investors looking to secure immediate cash flow while holding a strategic land play in a high demand location. A solid income producing property with long term growth potential in one of Scarborough's most active and evolving communities.
Location
Province ON
County Toronto
Community Toronto E09
Area Toronto
Zoning CR0.4(c0.4;r0)*366)
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 193.0
Lot Depth 301.0
Building
Building Age 51-99
Others
Security Features Partial
ParcelsYN No
Listed by LUXURY HOMES WORLD INC.
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