FOR SALE & LEASE BACK- Investment Opportunity 1802 Avenue Rd Local commercial 261 m² 100 % Loué À vendre Toronto, ON M5M 3Z1 1 555 258 € (5 968,15 €/m²) Taux de capitalisation 5 %

FOR SALE & LEASE BACK INVESTOR OPPORTUNITY
1802 Avenue Road represents a rare opportunity to acquire a stabilized, high-yield medical asset in one of Toronto’s most affluent residential nodes.
Investment Profile - This turnkey investment structure commands a premium compared to general retail or office shell space. 1802 Avenue Road is considered a high-performing medical asset. On closing the Seller will enter a triple net, head lease on 100% of the building with a minimum 5-year term, providing a 5% yield on Purchase Price. This lower cap rate reflects the high-ranking covenant safety of the medical tenant class. The 5% yield reflects that medical tenants rarely default or relocate due to the high cost of moving specialized equipment.
The Building - Step into a space designed for excellence. 1802 Avenue Road is a detached professional building that balances modern clinical requirements with the warmth of a boutique clinic. With usable area of 2,805 SF approximately, over three-levels, the building is home to a plastic surgery clinic, cosmetic laser clinic and registered massage therapist. Turnkey Medical Infrastructure - This property is not another shell unit. The property underwent a comprehensive, custom designed, high-spec renovation, transforming it into a flagship surgical and wellness center. Designed by a medical practitioner and currently occupied and operating as an elite and exclusive medical specialist clinic.
For the investor buyer the CR3 Zoning (2.8x density) may provide a built-in exit strategy. While the current building is a high performer, the 165 ft. deep lot provides for a future 3 or 4 storey mixed-use mid-rise, subject to municipal approval.
The Parking Premium - In the Bedford Park pocket, commercial parking is at a critical deficit. Most Avenue Road storefronts have 0–1 spaces. 1802 Avenue Road offers six dedicated spaces. This attribute greatly enhances property value and directly increases patient volume and practitioner retention.
LOCATION & NEIGHBOURHOOD - The Avenue Road on-ramp to Highway 401 is 1 KM. north and downtown Toronto is within approx. 20-minutes. Join an elite circle of businesses. Located in the heart of Bedford Park just steps away from Pusateri’s Fine Foods, Ambrosia Natural Foods, amongst many shops, services and dining venues lining Avenue Road. The prestigious Havergal College, Toronto Cricket Club and Rosedale Golf Club are conveniently nearby.