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  • DESCRIPTION

    Attention All Investors And Developers! Rare Opportunity To Acquire A Fully Tenanted Commercial/Retail Plaza In A Prime Location Of Thornhill. The Property Is Currently Improved With A One-Storey Building (Appx 37,000 Including Basement), Occupied By All Long-Term Tenants. Upside For Additional Income In The Basement. Incredible Redevelopment Potential - Mixed Use Or Mid-Rise. Property Being Offered Based On Redevelopment And Not Current Cap Rate.

    Preliminary Planning Investigations Indicate That The Site Can Accommodate A Mid-Rise Residential Development With A 12-Storey Building, Mixed Use Retail/Residential Or Retail/Office Mix. Close Proximity To Public Transit And 407 Etr

    KEY DETAILS
    • Price:
    • $18,990,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • 36,858
    • Acreage:
    • n/a
    • Listing #:
    • N4311965
    • Street Address:
    • 1416 Centre St
    • City:
    • Vaughan
    • State:
    • ON
    • Postal Code:
    • L4J8A1
    • Area:
    • York
    • Subarea
    • Beverley Glen
    • Listing Status:
    • For Sale - Active

    Building

    • Approximate Square Footage Range:
    • 36858.00
    • Basement Description:
    • Yes

    Documents

    • Extra Remarks:
    • Preliminary Planning Investigations Indicate That The Site Can Accommodate A Mid-Rise Residential Development With A 12-Storey Building, Mixed Use Retail/Residential Or Retail/Office Mix. Close Proximity To Public Transit And 407 Etr

    Land

    • Conforms To Zoning:
    • C2
    • Lot Size Front:
    • 208.96
    • Lot Size Side:
    • 386.24

    Listing

    • For Sale Or Lease?:
    • Sale

    Money

    • Property Taxes:
    • $117,857
    • Tax Year:
    • 2018

    Systems

    • Cooling System:
    • Yes
    • Existing Water:
    • Municipal
    • Heating:
    • Gas Forced Air Closd
    • Sewage Type:
    • San+storm

    Source

    • Listing Provided By RE/MAX Premier Inc.

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    NOTES

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