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$ 4,888,000
Est. payment | /mo
1 Bath
1,200 SqFt
$ 4,888,000
Est. payment | /mo
1 Bath
1,200 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1200
Square Footage 1,200 sqft
Price per Sqft $4,073
Subdivision Humber Summit
MLS® Listing ID W13496604
Property Description
A Rare Opportunity To Acquire A Branded Mobil Gas Station In One Of The GTA's Most Active Growth Corridors, Positioned At The High-Exposure Intersection Of Steeles Avenue West & Islington Avenue. This Property Sits On The Toronto/Vaughan Border, Directly Across From Significant Residential Intensification Already Underway & Surrounded By Multiple Proposed High-Rise & Mixed-Use Developments. This Is A Location Where Today's Fuel And Convenience Business Meets Tomorrow's Land And Redevelopment Upside.The Surrounding Area Is Undergoing A Major Transformation. PriMont Homes Is Bringing Thousands Of New Residential Units To The Area Including A Total Of 9 Mid To High Rise Towers. Further Strengthening The Long-Term Demand Profile For Fuel, Convenience, Retail, And Future Mixed-Use Intensification.This Asset Offers Multiple Layers Of Value: An Established Branded Gas Station Operation, Strong Street Exposure, Daily Traffic Visibility, Immediate Income Potential, & A Long-Term Strategic Land Play. For An Owner-Operator, It Is A Chance To Control A Recognizable Mobil-Branded Location In A Dense Urban Market. For An Investor Or Developer, It Is A Rare Land-Positioning Opportunity In A Corridor Already Experiencing Major Growth. With Thousands Of Future Residents Expected In The Surrounding Area, This Property Is Positioned To Benefit From Increasing Traffic, Population Density, Convenience Demand, And Future Redevelopment Momentum. Property is Zoned CR(Commerical Residential). Opportunities Of This Nature Are Extremely Limited. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Listed by SAM MCDADI REAL ESTATE INC.
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