390 MCARTHUR Ave

Vanier and Kingsview Park | 3404 - Vanier | K1L 6N6
  • 8500.0 sqft
  • 0 gar

$3,200,000

Est. Mtg $10,850 /mo
  • Days on market

    3

  • Status

    A

Listing Broker RE/MAX HALLMARK REALTY GROUP
Since listed: 1 views

Home details

MLS #:

X9515599

Property type:
Commercial/Retail
Style:
Taxes:
$33,462
Possession:
TBA
Condo Fee:
Lot Size:
140.0 X 116.0
Zoning:
TM - Corridor
Use:
Heat:

Description


390 MCARTHUR Ave, , Vanier and Kingsview Park, Ontario is a Commercial/Retail property in Vanier and Kingsview Park and in the 3404 - Vanier community in the K1L 6N6 postal code


Well maintained commercial building currently used as a medical center, with a doctor's office, a pharmacy, and a dentist. Traditional Mainstreet Corridor (TM zone) allows a wide variety of retail and business uses. Built around 1981, with an annex built by Domicile in about 1987. Approximately 8,500 sq' gross floor area on 2 floors. It has frontage on 3 streets, and has 2 separate parking lots (21 parking spaces plus 5 cash in lieu). 2 units have been left vacant so a new buyer can either use the space, or find new tenants at market rates (likely $30 triple net).The medical practice occupies the upper floor, and they will rent back for a period of time at market rates, or vacate, depending on the buyer. Potential over $200,000 triple net income. Also has future development potential - TM Mainstreet Corridor - 9 storey building height permitted with new OP and new zoning bylaw, 14,284 sq' lot size (have your planner check it out)..

Extras

.



Payment calculator

$13639 monthly. In association with: TD Bank
%
  • Principal and Interest
    10850 /mo
  • Property Taxes
    $2788 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Palma Dametto, Realtor

Similar properties you may like