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Toronto E11, ON M1B 5J6,5780 Sheppard AVE E #56-66
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Toronto E11, ON M1B 5J6,5780 Sheppard AVE E #56-66
Toronto E11, ON M1B 5J6,5780 Sheppard AVE E #56-66
Toronto E11, ON M1B 5J6,5780 Sheppard AVE E #56-66
Toronto E11, ON M1B 5J6,5780 Sheppard AVE E #56-66
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Jeff Somlo

Jeff Somlo

+1(647) 998-3693
$ 1,500,000
Est. payment /mo
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5780 Sheppard AVE E #56-66 Toronto E11, ON M1B 5J6

6,500 SqFt

UPDATED:

12/06/2024 03:10 PM

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $230

MLS Listing ID E10410600

Condo Fees $7,508

Annual Tax Amount $23,108

Tax Year 2023

Property Description

* Opportunities like this don't come around often! This freestanding commercial condo retail property is a must-see for savvy investors and ambitious owner-operators. With a prime location, exceptional visibility, and incredible flexibility, this property is perfectly positioned to deliver both immediate and long-term value. * Currently tenanted by a popular Indian restaurant, the property already generates income while offering significant upside potential. Two additional vacant retail units on the main floor are ready to lease or occupy, providing endless possibilities for business expansion or rental revenue. The basement level features a massive separate unit with approximately 3,300 square feet, ideal for storage, creative uses, or even additional tenants an untapped goldmine for future growth! * This property's corner location ensures unparalleled street exposure, drawing attention from a steady stream of traffic. The ample on-site parking makes it a magnet for customers, while the surrounding area is rich with amenities, restaurants, and retail that foster high foot traffic. Convenient public transit options and proximity to Highway 401 make it an easily accessible destination for both locals and commuters. * With its combination of strong existing tenancy, vacant units for customization or lease, and a high-demand location, this property is a rare gem in todays market. Whether you're looking to build your portfolio or establish a thriving business, this is the opportunity you've been waiting for. *

Location

Province ON

County Toronto

Community Malvern

Area Toronto

Region Malvern

City Region Malvern

Interior

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Others

Security Features Yes

Listed by RE/MAX REALTRON REALTY INC.
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5780 Sheppard AVE E #56-66