East End-Danforth Medical Offices for Sale

Commercial Real Estate in East End-Danforth available for sale

Medical Offices for Sale Within 5 kilometers of East End-Danforth

116 Glen Manor Dr

Toronto, ON M4E 2X2

Office for Sale
Price Upon Request
6,946 SF

Toronto Office for Sale - East Toronto

Colliers Macaulay Nicolls Inc., Brokerage (the ”Advisor”) is pleased to offer for sale a 100% freehold interest in 116 Glen Manor Drive (the “Property”) in the East End of Toronto. Located within a 20 minute drive from downtown Toronto, this offering consists of a freestanding, three storey plus basement residential building situated on a 4,123 SF site. The property contains 12 one-bedroom residential units, one of which is currently leased to a commercial tenant on the ground floor, all within a well established neighbourhood setting. Built in 1954 and zoned under Former By Law 438 86 – H12.0, the asset presents a rare opportunity to acquire a stabilized, low rise multifamily building in one of Toronto’s most desirable east end communities. Well maintained and offering a welcoming environment, the property has benefitted from ongoing care, with suites updated upon turnover and common areas reflecting a clean, character rich mid century style. With strong underlying fundamentals, long term demand in the Beaches area, and the security of a proven residential unit mix, this property provides investors with a stable income producing asset and meaningful potential for future value growth.