1580 Avenue Road Summary
1580 Avenue Road is located at Avenue Road and Lawrence Avenue West, a highly afuent Toronto neighbourhood. It is a quick 20 minute drive to the downtown core, and has easy access to the 401 highway. Tis stretch of Avenue Road is home to many restaurants, upscale food stores, retailers and everyday necessities which cater to the neighbourhood residents. Te 15,000 sq. f. Pusateri’s fagship just south of 1580 Avenue Rd, is a huge trafc driver with people coming from all over the city to shop their array of gourmet food oferings.
1580 Avenue Road Highlights:
- Rare opportunity to own a carefree single-tenant investment at Avenue Rd & Lawrence Ave W
- Te asset benefts from a Freehold title
- Brand new 15-year lease with the Beer Store, an essential service and Covid-proof retailer
- Includes 16 parking spots with an elevator directly into the retail store
- Actual space is larger than deemed leasable space which provides buyer upside on turnover
- Brand new building and retail space by Staford Homes and Greybrook, two of Toronto’s best and highly reputable developers known for their high quality construction
- High trafc neighbouring retailers include the Pusateri’s Flagship, Shoppers Drug Mart, Starbucks, LCBO and the major banks