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950 ALBION ROAD E Toronto
  • 950 ALBION ROAD E Toronto
  • 950 ALBION ROAD E Toronto
  • 950 ALBION ROAD E Toronto
  • 950 ALBION ROAD E Toronto
  • 950 ALBION ROAD E Toronto
  • 950 ALBION ROAD E Toronto

950 ALBION ROAD E, Toronto, Ontario

$14,888,000

  • 31,350 Square Feet

Investment property for sale, 950 Albion RD--Strip plaza/Retail, 2 tenants only. Grow Fitness for sale; tenant #1Grow Fitness- 13,850 sq. ft plus patio (not calculated extra sq.ft.); tenant #2 Basement is 17,500 sq. ft Basement. Tenant just spent close to 1 million to set up Play Place ( Kids and Adults), Training. Tenants pay HST on top of Rent Lease attached. TMI is $10,500 per $39,500 Net (950 Albion )$15,000 Net ( 960 Albion) = x 12 =$654,000 Tenants pay TMI: Taxes estimated at $ 5 x 14,000 sq. ft = $ 70,000 per year estimate. Utilities , CAM, = $ 4 x 14,000sqft = $ $50,000 per year estimate, Redevelopment potential of 300 units potential on site and main floor retail (id:23309)

  • Listing ID: W12230268
  • Property Type: Business
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Details

  • Transaction: For sale
  • Zoning Description: commercial

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Exterior: 31350 sqft
  • Size Interior: 31350 sqft
  • Utility Water: Municipal water

Land

  • Size Frontage: 506 ft
  • Size Irregular: Bldg=506.02 x 31350 FT
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 950 ALBION ROAD E in Toronto Ontario. It was last modified on June 20th, 2025. Contact the Bird House Real Estate Team to schedule a viewing or to discover other Toronto real estate for sale.

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