$ 9,900,000
1333 Neilson RD Toronto E11, ON M1B 4Y9
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$ 9,900,000
Est. payment | /mo
1 SqFt
$ 9,900,000
Est. payment | /mo
1 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $9,900,000
MLS Listing ID E8011106
Annual Tax Amount $234,616
Tax Year 2023
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 Toronto
Zoning CR 1.2 (c1.2; r0.0) SS2 (x481)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Yes
Listed by CBRE LIMITED