Jane Chen
Sales Representative

RE/MAX Realtron Realty Inc.
Brokerage
Independently owned and operated

Phone: 905-470-9800  Fax: 905-470-7770  Mobile: 416-418-9568

1416 Centre St

Beverley Glen
Vaughan, Ontario
$18,990,000
For Sale
MLS© ID: N4311965

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Attention All Investors And Developers! Rare Opportunity To Acquire A Fully Tenanted Commercial/Retail Plaza In A Prime Location Of Thornhill. The Property Is Currently Improved With A One-Storey Building (Appx 37, 000 Including Basement), Occupied By All Long-Term Tenants. Upside For Additional Income In The Basement. Incredible Redevelopment Potential - Mixed Use Or Mid-Rise. Property Being Offered Based On Redevelopment And Not Current Cap Rate.

Extras: Preliminary Planning Investigations Indicate That The Site Can Accommodate A Mid-Rise Residential Development With A 12-Storey Building, Mixed Use Retail/Residential Or Retail/Office Mix. Close Proximity To Public Transit And 407 Etr

Property Features

  • Directions/Cross Streets: Centre And Dufferin
  • Lot Size Code: Feet
  • Taxes: 117857.00
  • Tax Year: 2018
  • Property #: N4311965
  • Sale/Lease: Sale
  • Country: Canada
  • Province: Ontario
  • Municipality: Vaughan
  • Business Type: Other
  • Garage Type: Plaza
  • Legal Description: Pt Lts 72 & 73,Pl 3541,Part 1 & 2,65R16387 **
  • Lot Depth: 386.24
  • Lot Front: 208.96
  • Lot Irregularities: 1.85 Acres
  • Type: Commercial/Retail
  • Category: Multi-Use
  • Freestanding: Y
  • Lot/Bldg/Unit Code: Lot
  • Rail: N
  • Retail Area: 36858
  • Retail Area Code: Sq Ft
  • Sprinklers: Y
  • Total Area: 36858.00
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: Y
  • Air Conditioning: Y
  • Heat Type: Gas Forced Air Closd
  • Sewers: San+Storm
  • Water: Municipal
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