7155 Woodbine Ave Active

Markham,ON L3R 1A3

$ 12200000

- Bed

- Bath

33363 SqFt


Key Details

Property Type Other Types

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 33,363 sqft

Price per Sqft $365

Subdivision Markham

MLS Listing ID N8364894

Building Age 31-50

Annual Tax Amount $110,329

Tax Year 2023

Lot Size 0.766 Acres

Property Sub-Type Investment

Property Description

This Medical-Office/Retail investment offers 89% occupancy and significant upside. The property is zoned MC-110% which permits a maximum gross floor area equal to 110% of the lot area (which is 75,000 SF). Excellent mix of medical office occupiers and clinics, on-site pharmacy and retail fronting on busy Woodbine Avenue with popular Phoenix Restaurant and The Printing House. Adjacent to a new build in progress which will bring 770,000 SF of industrial across the street and increase area activity. Well maintained by ownership group and professionally managed by ParMed, an experienced medical building operator/manager.

Location

Province ON

County Ontario

Community Milliken Mills West

Area York

Zoning MC-110

Rooms

Basement Y

Interior

Heating Gas Forced Air Closd

Cooling Y

Exterior

Parking Features None

Lot Frontage 218.11

Lot Depth 348.92

Total Parking Spaces 110

Building

Water Municipal

Others

Possession Immediate

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