Woburn, M1G 1P5
Description
2 ACRE PLAZA: Prime commercial investment in the heart of Scarborough's Woburn district (MARKHAM&LAWRENCE). This property offers fully leased retail units delivering consistent, dependable income of approximately $900k per year. Supported by 12 established long term tenants, the asset provides strong stability with low vacancy exposure. Positioned within a rapidly transforming corridor, the site presents compelling future upside, with potential for residential or mixed use redevelopment subject to municipal approvals and zoning. This is an ideal opportunity for investors looking to secure immediate cash flow while holding a strategic land play in a high demand location. A solid income producing property with long term growth potential in one of Scarborough's most active and evolving communities.
Features
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Category: Retail Store Related
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Total Area: 88,156 sqft
- Office Area: 8,816 sqft
- Retail Area: 70,525 sqft
- Parking Types: None
- Property Age: 51-99
- Grade Level: 1
Details
- Zoning: Commercial/Residential
- Tax: $ 198,501
- Opening Days: Open 7 Days
- Alcohol Allowed: N
- Features: Major Highway, Public Transit
- E12728178
- Listing contracted with: LUXURY HOMES WORLD INC.
