- Status:
- Active Under Contract
- Prop. Type:
- Commercial
- MLS® Num:
- E12728178
- Bus Major:
- Retail Store Related
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.
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- Yes
- Approx. Age:
- 51-99
- Total Area:
- 88156 sq. ft. Square Feet
- Total Area:
- 2.02 acre(s)
- Retail Area:
- 80 sq. ft. %
- Office/Apt Area:
- 10 sq. ft. %
- Lot Depth:
- 301'
- Lot Frontage:
- 193'
- Lot Shape:
- Irregular
- Water supply:
- Municipal
- Zoning:
- CR0.4(c0.4;r0)*366)
- Heating type:
- Gas Forced Air Open
- Garage:
- None
- Possession Details:
- Flexible
- Lot Irregularities:
- Irregular
- HST Applicable To Sale Price:
- Included In
- Development Charges Paid:
- Unknown
- Type Taxes:
- Annual
- Taxes:
- $198,500.53 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto E09
- Woburn
- Major Highway, Public Transit
- Partial
- None
- No
- Utilities:
- Available
- Sewers:
- Sanitary Available
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Major Business Type:
- Retail Store Related
- Category:
- Commercial Condo
- Franchise:
- No
- Days Open:
- Open 7 Days
- Chattels:
- No
- Number of Grade Level Shipping Doors:
- 1
- Height of Grade Level Shipping Doors:
- 10'
-
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Listed by LUXURY HOMES WORLD INC.
Data was last updated April 9, 2026 at 06:15 AM (UTC)
- OLIVIA WILLIAMS
- RIGHT AT HOME REALTY
- 1 (416) 3026360
- Contact by Email
480 EGLINTON AVE WEST #30
Mississauga, ON, L5R 0G2