2 ACRE PLAZA: Prime commercial investment in the heart of Scarborough's Woburn district (MARKHAM&LAWRENCE). This property offers fully leased retail units delivering consistent, dependable income of approximately $900k per year. Supported by 12 established long term tenants, the asset provides strong stability with low vacancy exposure. Positioned within a rapidly transforming corridor, the site presents compelling future upside, with potential for residential or mixed use redevelopment subject to municipal approvals and zoning. This is an ideal opportunity for investors looking to secure immediate cash flow while holding a strategic land play in a high demand location. A solid income producing property with long term growth potential in one of Scarborough's most active and evolving communities.
| MLS # | E13225524 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 156 |
| Listing Provided By | LUXURY HOMES WORLD INC. | E13225524 445900 |
| SQ Feet | 88,156 |
|---|---|
| Acreage | 2.02 |
| Cooling | Yes |
|---|
| Community Features | Major Highway, Public Transit |
|---|---|
| Security Features | Partial |
| Utilities | Available |
|---|---|
| Sewer | Sanitary Available |
| Tax Annual Amount | 198500.53 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E09 |
| Postal Code | M1G 1P5 |
| Area | Woburn |
| Listing VS Median (in M1G 1P5) | |
Price: $10,999,000 low | high Med: $10,999,000 sqft: 88,156 low | high Med: 88,074 $ / sqft: $125 low | high Med: $125 On site: 156 low | high Med: 102.5 | |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E09 |
| Postal Code | M1G 1P5 |
| Area | Woburn |
| Listing VS Median (in M1G 1P5) | |
Price: $10,999,000 low | high Med: $10,999,000 sqft: 88,156 low | high Med: 88,074 $ / sqft: $125 low | high Med: $125 On site: 156 low | high Med: 102.5 | |