$11,000,000

1333 Neilson Rd

Malvern, Toronto, Ontario, M1B 4Y9

| | 180  | sq.ft. |
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Offering A 100% Freehold Interest In The Malvern Medical Arts Building: A 40,631 SF Medical Office Building Located At 1333 Neilson Road In Scarborough. Malvern Medical Arts Is A Professionally Managed And Well-Maintained Building With Excellent Parking And Presents A Unique Opportunity For End Users, Investors, And Developers. Currently 80% Leased With 6.3 Years Of Weighted Average Lease Term (Inclusive Of A 12,478 SF Vendor Headlease). The 12,478 SF Lower Level Unit (Subject To A Vendor Headlease) Was Previously Home To A Medical Clinic And Can Be An Ideal Opportunity For Similar Uses Or The Space Can Be Further Demised As Required To Suit An Owner/Occupier. Across The Street From Malvern Town Centre Which Has Made An Application For A Master Community Including Over 470,000 SF Across 13 Towers With Substantial Parkland Dedication And Commercial Amenities. Located Along A Major Bus Route That Serves Commuters From Centenary Hospital Which Is Part Of The Scarborough Health Network*

Property Info
MLS®: E8011106
Listing Courtesy of CBRE LIMITED
Total Bedrooms 0
Total Bathrooms 0
Basement Y
Floor Space 0 sq.ft.
Lot Size 73050 sq.ft.
Style other
Last Updated 2024-04-03 16:59:06
Property Type Office
Listed Price $11,000,000
Unit Pricing $11,000,000/sq.ft.
Strata Fee $0.00
Tax Estimate $234,617/Year
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