Project Description

245 – 251 Marlee Ave.

This neighbourhood plaza sits along the Marlee Ave. strip of Toronto’s Glen Park neighbourhood and is a short walk to the Glencairn Subway Station with direct connection to the Downtown core.

The 2-storey building offers 12,000 sq. ft. of leasable space with stable holding income, ample surface parking and vehicular access off both Marlee Ave. and Stayner Ave. The Tenants at the time of sale included a walk-in medical clinic, pharmacy, coin laundry and 2nd floor restaurant and bar.

Sitting on 0.45 acres of land, this property also offers the Purchaser an opportunity to redevelopment the site in the near future and contribute to the gentrification of Marlee Ave. in conjunction with other prominent developers.

Closing Date: September 2017