My Office Listings
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W12230268
- Photos (6)
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Investment property for sale, 950 Albion RD--Strip plaza/Retail, 2 tenants only. Grow Fitness for sale; tenant #1Grow Fitness- 13,850 sq. ft plus patio (not calculated extra sq.ft.); tenant #2 Basement is 17,500 sq. ft Basement. Tenant just spent close to 1 million to set up Play Place ( Kids and Adults), Training. Tenants pay HST on top of Rent Lease attached. TMI is $10,500 per $39,500 Net (950 Albion )$15,000 Net ( 960 Albion) = x 12 =$654,000 Tenants pay TMI: Taxes estimated at $ 5 x 14,000 sq. ft = $ 70,000 per year estimate. Utilities , CAM, = $ 4 x 14,000sqft = $ $50,000 per year estimate, Redevelopment potential of 300 units potential on site and main floor retail
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- No
- Total Area:
- 31350 sq. ft. Square Feet
- Total Area:
- 31,350 sq. ft.
- Depth:
- 31350'
- Frontage:
- 506'¼"
- Water supply:
- Municipal
- Zoning:
- commercial
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Possession Details:
- flexible
- HST Applicable To Sale Price:
- Not Subject to HST
- Assessment Year:
- 2024
- Type Taxes:
- Annual
- Taxes:
- $69,251 / 2024
- Assessment:
- $- / 2024
- Toronto W10
- Thistletown-Beaumonde Heights
- Toronto
- Utilities:
- Available
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Category:
- Retail
- Date Listed:
- Jun 18, 2025
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Listed by RIGHT AT HOME REALTY and HUBENOV REALTY INC.
Data was last updated August 18, 2025 at 07:15 PM (UTC)
- MASOOD WAHAB
- HOMELIFE FRONTIER REALTY INC.
- 1 (647) 2996073
- Sold@TeamWahab.com
