3850 Finch Avenue, Toronto E05, ON Image 1

$12,269,900

Investment For Sale
MLS - #E12235880
Jun 20- By CUSHMAN & WAKEFIELD

3850 Finch Avenue, Toronto E05, ON M1T 3T6

Bed
Bath
51403 Sqft.
Outside/Surface Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

51403 Sqft

About 3850 Finch Avenue

3850 Finch Avenue East is an excellent value-add 4-story (plus tenant basement) Medical/Retail investment opportunity. The Property is improved with a 51,409 (BOMA 2024) rentable square foot building fronting on Finch Avenue East just west of Kennedy Road. The Property is currently 93% occupied with predominately established medical, professional services and retail tenancies, providing stable cash flow and considerable revenue growth through contractual escalations and contract adjustments to meet current BOMA measurement standards. The Property is well located in the catchment area of the Scarborough Health Network's Birchmount Hospital and is within an established residential community with excellent access to transit. The Property has been well-maintained by the current owner, and it benefits from ample surface parking on site.

Home Overview

Last updated

Jun 20

Virtual tour

None

Basement information

Building size

51403

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Electric Forced Air
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
1226990000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 3850 Finch Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Some information about this property - Finch Avenue

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