madawaska avenue - Colliers International
9
MADAWASKA AVENUE
TABLE OF CONTENTS 4
EXECUTIVE SUMMARY
6
PROPERTY LOCATION
8
POINTS OF INTEREST
10
FLOOR PLANS
17
CONTACT
OPPORTUNITY
EXECUTIVE SUMMARY On behalf of the Vendor, Colliers International (the “Advisor”) is pleased to offer for sale 9 Madawaska Avenue (the “Property”), situated within Toronto’s North Yonge submarket. The property offers a unique freestanding medical office building ownership opportunity. The medical office building provides a high quality finished interior throughout the two-storey building, which was built in 1989. The structure includes a full service elevator that grants easy access to all floors. The entire building comprises of 6,197 square feet including a finished basement. The parking area on site offers 17 parking spaces as well as incredible signage opportunity that is visible on Yonge Street.
The building is fully tenanted by various healthcare practices including a retail pharmacy on the ground floor, a dentist, a chiropractor, a podiatrist (foot clinic) and two general practitioners. All leases are month to month and the building can either be provided vacant for an end user or the leases can be renegotiated by any investor/owner. The current owners are also open to potential sale lease back opportunities. This is a great opportunity for both an investor looking for a stable asset with income already in place or an end user looking to occupy up to 6,197 square feet of office/retail space with significant parking available on site.
PROPERTY HIGHLIGHTS Address
9 Madawaska
Legal Description
PLAN 2324 LOT 100 & 101
Site Area Building Size Elevators Parking Zoning 2017 Taxes
9 MADAWASKA AVE
Frontage: 70.17’ Depth: 120’ 6,197 SF Yes 17 Spaces R4 $70,543
PAGE 5
NEWTONBROOK EAST
PROPERTY LOCATION Positioned east of Yonge Street, the property resides on the south east side of Yonge Street and Madawaska Avenue, in the Newtonbrook East community. The property’s location benefits from unparalleled local and regional access, supported by an advanced network of highways (401, 400, 407). Subway lines and surface bus transportation are consistent with direct connections to the Downtown Core and the
9 MADAWASKA AVE
surrounding suburban pockets such as Thornhill, Richmond Hill, Markham, and Vaughan. TTC transit access is provided via Yonge Street and Finch Subway Station is also nearby. Surrounded by an abundance and diverse set of local amenities, 9 Madawaska is part of a community that exhibits a strong demographic set within a dynamic commercial and residential node.
PAGE 7
VE W RK A
R STE A NC
CLA
E AV
DO
E EW AV BAYVI
YONGE
RST ST BATHU
ST
E AVE
ST
HILDA AVE
MAXO
R
ND
TO NEW
ER UMM
C
ME AV
Restaurants
AVE
DR
E
NSTER
ESTMI
NEW W
POINTS OF INTEREST
ES EEL
Shopping Mall Schools Banks
E P AV
O BISH
E
V RY A W E R
Gas
E AVE H NC
FI
D
Service Ontario Transit Stops
RD
E E AV DAL LOW
WIL
D
FT R
CRO BEE
LAC
9 MADAWASKA AVE
W AVE
SEN
H FINC
PAGE 9
1
FLOOR
9 MADAWASKA AVE
PAGE 11
2
FLOOR
9 MADAWASKA AVE
PAGE 13
EXTERIOR PHOTOS
FLOOR
BASEMENT 9 MADAWASKA AVE
PAGE 15
CONTACT US DOMINIC DELAPENHA
Associate Vice President 1 416 643 3759 [email protected]
CHRIS LUXTON
Sales Representation 1 416 791 7263 [email protected]
MICHAEL CAREW
Sales Representation 1 416 791 7265 [email protected]
9
MADAWASKA AVENUE
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc., Brokerage
MADAWASKA AVENUE
TABLE OF CONTENTS 4
EXECUTIVE SUMMARY
6
PROPERTY LOCATION
8
POINTS OF INTEREST
10
FLOOR PLANS
17
CONTACT
OPPORTUNITY
EXECUTIVE SUMMARY On behalf of the Vendor, Colliers International (the “Advisor”) is pleased to offer for sale 9 Madawaska Avenue (the “Property”), situated within Toronto’s North Yonge submarket. The property offers a unique freestanding medical office building ownership opportunity. The medical office building provides a high quality finished interior throughout the two-storey building, which was built in 1989. The structure includes a full service elevator that grants easy access to all floors. The entire building comprises of 6,197 square feet including a finished basement. The parking area on site offers 17 parking spaces as well as incredible signage opportunity that is visible on Yonge Street.
The building is fully tenanted by various healthcare practices including a retail pharmacy on the ground floor, a dentist, a chiropractor, a podiatrist (foot clinic) and two general practitioners. All leases are month to month and the building can either be provided vacant for an end user or the leases can be renegotiated by any investor/owner. The current owners are also open to potential sale lease back opportunities. This is a great opportunity for both an investor looking for a stable asset with income already in place or an end user looking to occupy up to 6,197 square feet of office/retail space with significant parking available on site.
PROPERTY HIGHLIGHTS Address
9 Madawaska
Legal Description
PLAN 2324 LOT 100 & 101
Site Area Building Size Elevators Parking Zoning 2017 Taxes
9 MADAWASKA AVE
Frontage: 70.17’ Depth: 120’ 6,197 SF Yes 17 Spaces R4 $70,543
PAGE 5
NEWTONBROOK EAST
PROPERTY LOCATION Positioned east of Yonge Street, the property resides on the south east side of Yonge Street and Madawaska Avenue, in the Newtonbrook East community. The property’s location benefits from unparalleled local and regional access, supported by an advanced network of highways (401, 400, 407). Subway lines and surface bus transportation are consistent with direct connections to the Downtown Core and the
9 MADAWASKA AVE
surrounding suburban pockets such as Thornhill, Richmond Hill, Markham, and Vaughan. TTC transit access is provided via Yonge Street and Finch Subway Station is also nearby. Surrounded by an abundance and diverse set of local amenities, 9 Madawaska is part of a community that exhibits a strong demographic set within a dynamic commercial and residential node.
PAGE 7
VE W RK A
R STE A NC
CLA
E AV
DO
E EW AV BAYVI
YONGE
RST ST BATHU
ST
E AVE
ST
HILDA AVE
MAXO
R
ND
TO NEW
ER UMM
C
ME AV
Restaurants
AVE
DR
E
NSTER
ESTMI
NEW W
POINTS OF INTEREST
ES EEL
Shopping Mall Schools Banks
E P AV
O BISH
E
V RY A W E R
Gas
E AVE H NC
FI
D
Service Ontario Transit Stops
RD
E E AV DAL LOW
WIL
D
FT R
CRO BEE
LAC
9 MADAWASKA AVE
W AVE
SEN
H FINC
PAGE 9
1
FLOOR
9 MADAWASKA AVE
PAGE 11
2
FLOOR
9 MADAWASKA AVE
PAGE 13
EXTERIOR PHOTOS
FLOOR
BASEMENT 9 MADAWASKA AVE
PAGE 15
CONTACT US DOMINIC DELAPENHA
Associate Vice President 1 416 643 3759 [email protected]
CHRIS LUXTON
Sales Representation 1 416 791 7263 [email protected]
MICHAEL CAREW
Sales Representation 1 416 791 7265 [email protected]
9
MADAWASKA AVENUE
This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Inc., Brokerage
