A Rare Opportunity To Acquire A Branded Mobil Gas Station In One Of The GTA's Most Active Growth Corridors, Positioned At The High-Exposure Intersection Of Steeles Avenue West & Islington Avenue. This Property Sits On The Toronto/Vaughan Border, Directly Across From Significant Residential Intensification Already Underway & Surrounded By Multiple Proposed High-Rise & Mixed-Use Developments. This Is A Location Where Today's Fuel And Convenience Business Meets Tomorrow's Land And Redevelopment Upside.The Surrounding Area Is Undergoing A Major Transformation. PriMont Homes Is Bringing Thousands Of New Residential Units To The Area Including A Total Of 9 Mid To High Rise Towers. Further Strengthening The Long-Term Demand Profile For Fuel, Convenience, Retail, And Future Mixed-Use Intensification.This Asset Offers Multiple Layers Of Value: An Established Branded Gas Station Operation, Strong Street Exposure, Daily Traffic Visibility, Immediate Income Potential, & A Long-Term Strategic Land Play. For An Owner-Operator, It Is A Chance To Control A Recognizable Mobil-Branded Location In A Dense Urban Market. For An Investor Or Developer, It Is A Rare Land-Positioning Opportunity In A Corridor Already Experiencing Major Growth. With Thousands Of Future Residents Expected In The Surrounding Area, This Property Is Positioned To Benefit From Increasing Traffic, Population Density, Convenience Demand, And Future Redevelopment Momentum. Property is Zoned CR(Commerical Residential). Opportunities Of This Nature Are Extremely Limited. (id:13843)
| MLS # | W13496604 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 85 |
| Listing Provided By | SAM MCDADI REAL ESTATE INC. | SAM ALLAN MCDADI |
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 1,200 |
| Zoning | Commercial Residential |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 31000 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Humber Summit) |
| Postal Code | M9L2V1 |
| Listing VS Median (in M9L2V1) | |
Price: $4,888,000 low | high Med: $500,775 sqft: 1,200 low | high Med: 1,300 $ / sqft: $4,073 low | high Med: $313 On site: 85 low | high Med: 156 | |
| Province | ON |
|---|---|
| City | Toronto (Humber Summit) |
| Postal Code | M9L2V1 |
| Listing VS Median (in M9L2V1) | |
Price: $4,888,000 low | high Med: $500,775 sqft: 1,200 low | high Med: 1,300 $ / sqft: $4,073 low | high Med: $313 On site: 85 low | high Med: 156 | |