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Willowdale East, Toronto
$2,988,000
**Prime Yonge & Sheppard Investment & Development Opportunity!** Exceptional freestanding mixed-use building in one of North York's most sought-after commercial corridors, offering outstanding exposure, stable income, and significant future redevelopment potential. Situated on a prestigious **C6-zoned** property with an existing tenant, this turnkey asset is ideal for investors, developers, or end-users looking to secure a prime location with multiple value-add opportunities.The building has been extensively renovated with high-quality finishes and offers exceptional flexibility for a wide range of professional and commercial uses, including medical and dental clinics, legal offices, accounting firms, travel agencies, health and wellness centres, retail, and many other permitted uses.Adding to its appeal, the property offers excellent long-term redevelopment potential with the possibility of a **7-storey mixed-use condominium project** (subject to all required approvals buyer to perform their own due dilligence). Additional features include convenient rear parking, immediate access to Highway 401, and a short walk to both Yonge and Sheppard subway stations, surrounded by high-density residential developments, office towers, restaurants, and major amenities.A rare opportunity to own a premium asset in one of Toronto's fastest-growing urban hubs-offering immediate income today with exceptional upside for tomorrow.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,612 |
| Lot Size | 42 ft x 112.91 ft |
| mls© Number | C13611682 |
| Listed By | RE/MAX REALTRON REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $15,294
- Property tax
- $718
- Heat allowance
- $150
- Housing costs
- $16,162 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$497,000
gross annual household income
- Payment at 4%
- $12,574 / mo
- Cash down
- $597,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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