5
3850 Finch Avenue E
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$12,269,900 Sale
Listed 13 days ago
· 0
· 0
· 125
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Listing History
Buy/Sell/Terminated/Expired listing history for 3850 Finch Avenue E
Key Facts
Key facts for 3850 Finch Avenue E
Property Type
Commercial
Parking
Outside/Surface , 125 parking
MLS #
E12235880
Size
-
Basement
-
Listed on
2025-06-19
Lot size
160 x 370.0
Tax
$203,210.78 /yr
Days on Market
15
Approximate Age
31-50
Maintenance Fee
-
Description
3850 Finch Avenue East is an excellent value-add 4-story (plus tenant basement) Medical/Retail investment opportunity. The Property is improved with a 51,409 (BOMA 2024) rentable square foot building fronting on Finch Avenue East just west of Kennedy Road. The Property is currently 93% occupied with... predominately established medical, professional services and retail tenancies, providing stable cash flow and considerable revenue growth through contractual escalations and contract adjustments to meet current BOMA measurement standards. The Property is well located in the catchment area of the Scarborough Health Network's Birchmount Hospital and is within an established residential community with excellent access to transit. The Property has been well-maintained by the current owner, and it benefits from ample surface parking on site.
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Courtesy of: CUSHMAN & WAKEFIELD