AUTOMOTIVE BUILDING
35 Auto Mall Drive, Scarborough, Ontario
NEW LISTING - Click for Details

This 5.1 acre site is located at 35 Auto Mall Drive in Scarborough, Ontario north of Highway 401, south of Sheppard Avenue East and has approximately 622 feet of frontage on Auto Mall Drive. The site is currently zoned as Industrial, Vehicle Service Zone subject to zoning exception No. 122. as a result of this exception only the following uses are currently permitted on the site; Day Nurseries, Marketplace Signs, Places of Worship and Vehicle Sales Operations. The following accessory uses to vehicle sales operations are also permitted; Mechanical or Automatic Car Washes, Vehicle Repair Garages and Vehicle Service Stations, Excluding Sale of Automotive Fuel. The site is designated as ‘Employment Industrial Zone’ within the City of Toronto draft Zoning By-Law.

Selling Price: $4,950,000. Pre Offer Documentation is available subject to the execution of a Purchaser Acknowledgement and Waiver Agreement which is available by contacting Pierre Gagne,

INSTITUTIONAL OR LAND PROPERTY - SOLD
91 Carrington, Ancaster, Ontario
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The property is improved with an attractive structure containing a gross floor area of approximately 9,420 square feet including the finished basement of approximately 2,796 square feet. The site is located within the downtown area of the former Town of Ancaster, now the community of Ancaster in the City of Hamilton.

Asking Price: $675,000. Pre Offer Documentation is available subject to the execution of a Purchaser Acknowledgement and Waiver Agreement which is available by contacting Pierre Gagne, Steve Pocrnic or Jim Betteto.

RENTAL APARTMENT BUILDING
399 Markham Road, Toronto, Ontario
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The 4.17 acre site backing onto the attractive Scarboro Golf & Country Club is improved with an upgraded and well maintained, 251 unit rental complex comprised of a fifteen storey, 250 suite rental apartment building and a stand alone house located on the east side of Markham Road between Lawrence Avenue East and Eglinton Avenue East.

Asking Price: $18,000,000, $71,700 per unit, 6.23% Cap Rate. Offers must be submitted to the offices of P.G. Gagné Commercial Real Estate Corp.

INFILL DEVELOPMENT OPPORTUNITY - Mixed Use Residential/Commercial Potential
3132 Eglinton Avenue East, Toronto, Ontario
NEW LISTING - Click for Details

A 5.35 acre site located in the east end of Toronto zoned for as many as 425 residential units and potential for commercial uses. Easy access to public transit, bus routes, subway and GO train. Potential to substitute commercial use along major thoroughfare. Terms Available - short term leaseback and short term vendor take back financing.

The asking price and the proposal call date are to be determined. Offers must be submitted to the offices of P.G. Gagné Commercial Real Estate Corp.

1375 Midland Avenue, Toronto, Ontario - SOLD
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Built in 1968, the building is of concrete frame construction, with one level of underground parking. Heating is via gas-fired boilers with a hot water radiator system. The owners have reported investing approximately $2,000,000 in recent upgrades, including roof, windows, balconies, balcony railings, underground parking garage, etc. The building is within walking distance of the LRT, and has excellent access to community services and facilities, schools and shopping.

The site is being sold by way of a standard negotiated bid process at an asking price of $10,600,000, $73,000 per suite, 6.75% Cap Rate. Offers must be submitted to the offices of P.G. Gagné Commercial Real Estate Corp.

3122 Eglinton Avenue East, Toronto, Ontario - SOLD
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This 1.52 acre site is located at 3122 Eglinton Avenue East in Toronto, Ontario between Bellamy Road North and Markham Road and has approximately 165 feet of frontage on Eglinton Avenue East. The site is currently zoned Community Commercial which allows retail stores, restaurants, service shops and agencies, business and professional offices, day nurseries, banks, automobile service stations, as well as other specified commercial uses. The site is designated as ‘Mixed Use’ within the City of Toronto Official Plan.

The site is improved with an 18,334 square foot car dealership. The building has a beautiful three level showroom plus a large vehicle servicing area and an abundance of outdoor parking spaces.

The site is being sold by way of a standard negotiated bid process at an asking price of $2,200,000. Offers must be submitted to the offices of P.G. Gagné Commercial Real Estate Corp.

901 Jane Street, Toronto, Ontario
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A fully leased two-storey plaza of 23,378 square feet located on Jane Street between St. Clair Avenue and Eglinton Avenue. The property is situated on a corner lot with excellent street exposure to busy Jane Street, and is exceptionally located to serve a wide trading area including the nearby high density apartment buildings.

The Vendor wishes to close the sale in the first quarter of 2009. The site is being sold by way of a standard negotiated bid process at an asking price of $4,500,000. Offers must be submitted to the offices of P.G. Gagné Commercial Real Estate Corp., 401 Bay Street, Suite 2704, Toronto, Ontario M5H 2Y4.

JOINT VENTURE POTENTIAL
ZONED RESIDENTIAL INFILL SITE 13 TOWNHOUSES
145 Greenbrae Circuit, Toronto, Ontario
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This infill development site of approximately 0.48 acres is zoned for 13 freehold townhouse units and centrally located on the northwest corner of Lawrence Avenue and Markham Road in Toronto, Ontario.

The site is being sold by way of a standard negotiated bid process. Offers will be considered as they are received and must be submitted to the offices of P.G. Gagné Commercial Real Estate Corp, 401 Bay Street, Suite 2704, Toronto, Ontario M5H 2Y4.

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