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$ 4,888,000
Est. payment | /mo
1 Bath
$ 4,888,000
Est. payment | /mo
1 Bath
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Municipality Toronto W05
Subdivision Humber Summit
MLS Listing ID W13496604
Annual Tax Amount $31,000
Tax Year 2026
Property Sub-Type Commercial Retail
Property Description
A Rare Opportunity To Acquire A Branded Mobil Gas Station In One Of The GTA's Most Active Growth Corridors, Positioned At The High-Exposure Intersection Of Steeles Avenue West & Islington Avenue. This Property Sits On The Toronto/Vaughan Border, Directly Across From Significant Residential Intensification Already Underway & Surrounded By Multiple Proposed High-Rise & Mixed-Use Developments. This Is A Location Where Today's Fuel And Convenience Business Meets Tomorrow's Land And Redevelopment Upside.The Surrounding Area Is Undergoing A Major Transformation. PriMont Homes Is Bringing Thousands Of New Residential Units To The Area Including A Total Of 9 Mid To High Rise Towers. Further Strengthening The Long-Term Demand Profile For Fuel, Convenience, Retail, And Future Mixed-Use Intensification.This Asset Offers Multiple Layers Of Value: An Established Branded Gas Station Operation, Strong Street Exposure, Daily Traffic Visibility, Immediate Income Potential, & A Long-Term Strategic Land Play. For An Owner-Operator, It Is A Chance To Control A Recognizable Mobil-Branded Location In A Dense Urban Market. For An Investor Or Developer, It Is A Rare Land-Positioning Opportunity In A Corridor Already Experiencing Major Growth. With Thousands Of Future Residents Expected In The Surrounding Area, This Property Is Positioned To Benefit From Increasing Traffic, Population Density, Convenience Demand, And Future Redevelopment Momentum. Property is Zoned CR(Commerical Residential). Opportunities Of This Nature Are Extremely Limited.
Location
State ON
County Toronto
Community Toronto W05
Area Toronto
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 123.0
Lot Depth 124.0
Building
Building Age 6-15
Others
Security Features No
ParcelsYN No
Virtual Tour https://unbranded.youriguide.com/6199_steeles_ave_w_toronto_on
Listed by SAM MCDADI REAL ESTATE INC.
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