The property is located on the south side of Queen Street East between Waverley Road and Bellefair Avenue in the Heart of The Beaches. The Beaches area is known as one of the most vibrant neighbourhoods in the City of Toronto, due to its proximity to lifestyle amenities including shopping, transit and restaurants. Major projects within a few blocks of the property include; Heartwood the Beach (1884 Queen Street East) & Lakehouse Beach Residences (1960 Queen Street East).
The property represents a rare opportunity for an investor to acquire a 100% leased high quality retail building occupied by a single tenant with a triple net lease directly across the street from Starbucks, LCBO, Shoppers Drug Mart and Tim Horton’s between Waverley Road and Bellefair Avenue in the Heart of The Beaches.
The Property is offered for sale at a price of $2,000,000 and will be sold on an as-is, where is basis, free and clear of debt. The Vendor’s objective is to maximize sale proceeds while preference will be given to Offers with limited confidentiality and timely closing. Offers will be considered by the vendor on an as received basis and should be submitted to the attention David Horowitz, 199 Bay Street, Suite 4610 Toronto ON M5L 1G3.
Building Size3,256 ft²
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