1270 Woodbine Ave, Toronto, Ontario M4C 4E6

Rare opportunity – excellent income generating investment allowing exceptional redevelopment potential. Corner property with 179.4 feet of frontage on Woodbine Ave. Over 22,000 sqft of land currently improved with a free-standing building of 4,810 sqft, entirely leased (triple net) to THE BEER STORE until 2032, with escalations, and three 5 year options. Lease includes provisions for Landlord right to terminate lease at any time, and allowance to build an additional building of upto 3,000 sqft. Outstanding mid-rise redevelopment – Bousfields planning report suggests 12-15 storeys. Kirkor massing study also available. Woodbine TTC stop less than 1km away. ***assumable mortgage of approximately $3,000,000 @ 3.5%, until 2027***