25
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$9,900,000
Est. payment /mo
1 SqFt
Active
1333 Neilson Rd Toronto, ON M1B 4Y9
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Key Details
Property Type Office
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $9,900,000
Subdivision Toronto E11
MLS Listing ID E8011106
Annual Tax Amount $234,616
Tax Year 2023
Lot Size 1.000 Acres
Property Sub-Type Office
Lot Depth 487.0
Lot Front 150.0
Property Description
Offering A 100% Freehold Interest In The Malvern Medical Arts Building: A 40,631 SF Medical Office Building Located At 1333 Neilson Road In Scarborough. Malvern Medical Arts Is A Professionally Managed And Well-Maintained Building With Excellent Parking And Presents A Unique Opportunity For End Users, Investors, And Developers. Currently 49% Leased With 7.7 Years Of Weighted Average Lease Term. The 12,478 SF Lower Level Unit Was Previously Home To A Medical Clinic And Can Be An Ideal Opportunity For Similar Uses Or The Space Can Be Further Demised As Required To Suit An Owner/Occupier. Across The Street From Malvern Town Centre Which Has Made An Application For A Master Community Including Over 470,000 SF Across 13 Towers With Substantial Parkland Dedication And Commercial Amenities. Located Along A Major Bus Route That Serves Commuters From Centenary Hospital Which Is Part Of The Scarborough Health Network*
Location
Province ON
County Ontario
Community Malvern
Area Toronto
Zoning CR 1.2 (c1.2; r0.0) SS2 (x481)
Rooms
Basement Y
Interior
Heating Gas Forced Air Open
Cooling Y
Exterior
Parking Features Outside/Surface
Lot Frontage 150.0
Lot Depth 487.0
Total Parking Spaces 180
Building
Sewer San+Storm
Water Municipal
Others
Possession Immediate
Listed by CBRE LIMITED
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