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900 Middlefield Rd

5,575 SF 100% Leased Retail Building Toronto, ON M1V 4X1 $3,657,020 USD ($656 USD/SF)

Retail Space Ontario Toronto 900 Middlefield Rd, Toronto, ON M1V 4X1

Investment Highlights

  • Development application for 48-unit condo
  • Positive NOI from month-to-month tenants
  • 5-storey mixed-use residential/commercial

Executive Summary

This 5,506 sq. ft. retail plaza presents a prime redevelopment opportunity with a pending application for residential redevelopment. The proposed project is a 5-storey, mixed-use condominium building designed by Keith Loffler McAlpine Architects, featuring 48 residential units above a commercial ground floor, totaling 55,310 sq. ft. of GFA with an FSI of 2.18. Currently, the building is occupied by two month-to-month tenants, providing holding income through a positive NOI. The property can be sold vacant, and further details on the plans, environmental assessments, and rent roll can be obtained by contacting the listing agent.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,575 SF
Building Class
C
Year Built
1986
Price
$3,657,020 USD
Price Per SF
$656 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.55 AC
Zoning
CL - Commercial local
Parking
15 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
204 FT on Middlefield Rd

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
1 of 1
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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Nearby Major Retailers

Tim Hortons
Scotiabank
Wild Wing
GoodLife Fitness
Pita Land
M & M Food Market
Mr. Sub
Hero Certified Burgers
Mr. Greek
RBC Royal Bank
(905) 624-3500 x214

Contacts

  • Listing ID: 31964040

  • Date on Market: 5/30/2024

  • Last Updated:

  • Address: 900 Middlefield Rd, Toronto, ON M1V 4X1

The Retail Property at 900 Middlefield Rd, Toronto, ON M1V 4X1 is currently available for sale. Contact Indusite Realty Corporation for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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900 Middlefield Rd, Toronto, ON for sale Building Photo- Image 1 of 4
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900 Middlefield Rd
(905) 624-3500 x 214

900 Middlefield Rd

1/2

Kevin Brennan

(905) 624-3500

x214

(905) 624-3500 x214

Jason Vance

(905) 624-3500

(905) 624-3500

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