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1979 Weston Rd 3,718 SF Retail Building Toronto, ON M9N 1W8 $3,250,000 CAD ($874.13 CAD/SF) 3.25% Cap Rate
Investment Highlights
- Well-Located within a Robust Residential Trade Area
- High-Quality Tenants with Stable Cashflow
- Transit-Oriented Location
- Future Residential Redevelopment
Executive Summary
Located at the high-visibility corner of Weston Road and Elsmere Avenue, 1979 Weston Road presents a compelling investment opportunity in Toronto’s rapidly evolving Weston Village. This fully leased retail asset is anchored by nationally recognized tenants including Osmow’s and TD ATM, alongside the locally beloved Amazing Mart. The property benefits from a strong weighted average lease term of 4 years and contractual rent escalations, offering stable cash flow and long-term upside. Busy retail plaza shadow-anchored by Shoppers Drug Mart, Tim Hortons, Popeyes, and Church's Chicken. Located within walking distance of the Weston GO Station, the property benefits from strong pedestrian and vehicular exposure and convenient access to surrounding residential density.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,718 SF
Building Class
B
Year Built
1988
Price
$3,250,000 CAD
Price Per SF
$874.13 CAD
Cap Rate
3.25%
NOI
$105,703 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.25 AC
Zoning
CR2.5(c2.5;r2.5)SS2(X977) - Commercial Residential
Parking
14 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
70/100
Moderately drivable
60/100
Exceptional public transit
100/100
Very bikeable
80/100
Nearby Major Retailers
1 of 11
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1979 Weston Rd
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