416-777-2200
964-1010 Albion Rd, Toronto, ON for Sale
Freestanding - FOR SALE
1/3
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964-1010 Albion Rd
Toronto, ON M9V 1A7


OVERVIEW

Colliers International is pleased to offer for sale 964-1010 Albion Road (the “Property”), a high-profile commercial property located in Etobicoke, Ontario near the Albion Rd/Islington Ave intersection. Spanning 1.80-Acres (78,553 SF), the site features a gross leasable area of 35,230 SF, consisting of a variety of retail and office tenancies. With significant renovations made between 2015–2024, the property is well-maintained with updated infrastructure, including a modern HVAC system, electrical upgrades, and a new roof. The property boasts a 93% occupancy rate and a 4.0 year weighted average lease term (“WALT”), with a diverse tenant roster, currently generating $1.00M in net operating income (“NOI”) and an average net rent of $29.24/SF, with the potential to increase NOI through leasing the 7% of vacancy. The tenant mix includes healthcare providers, service based retailers, and restaurants, offering income stability and a strong foundation for growth. With two driveways along Albion Road and 68 parking stalls, the property provides excellent accessibility, supported by nearby TTC bus routes and proximity to Highway 401 and 427. The Property’s zoning and 1.80-acre lot further enhance its long-term potential, offering opportunities for intensification or redevelopment under Toronto’s Mixed-Use policy framework. The property offers investors a rare opportunity to acquire a leased plaza with immediate income, significant value-add potential, and redevelopment flexibility.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

4 AC

LAND SF

174,240 SF

ZONING

CR

APN/PARCEL ID

191904139007201

ASK ABOUT THIS PROPERTY

Jeremiah ShamessColliersMore Info
416-777-2200

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Jeremiah ShamessColliersMore Info
416-777-2200

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