557 DIXON ROAD
Toronto (West Humber-Clairville), Ontario
MLS® W14121310
$14,999,000
- Status
- Active
- Property type
- Business
- MLS® number
- W14121310
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 14Listing description
**Excellent Investment Opportunity - 557 Dixon Road, Etobicoke** Opportunity to acquire an income-producing, multi-tenant commercial plaza offering approximately 37,180 sq. ft. of rentable area and 97% leased occupancy.
Strategically located along the highly visible Dixon Road corridor, the property benefits from convenient access to Highway 401, major arterial roads, public transit and the Toronto Pearson Airport employment district, providing excellent regional connectivity throughout Toronto and the western GTA. The plaza features a diverse tenant mix spanning restaurants, food production, office, healthcare, personal services, showroom and retail uses, including established tenants such as St. Louis Bar & Grill, Sumaq, Canadian Red Cross and District Lodge #78.
Additional income is generated through highway pylon signage. With only one remaining vacancy of approximately 1,112 sq. ft.
and leases extending through 2031, this property offers a strong existing income base with further upside through lease-up of the available space.
Property summary
- MLS® number
- W14121310
- Property type
- Business
- Leasable Area
- 38,000 sq ft
- Land size
- Bldg=426.43 x 237.73 FT
- Annual property taxes
- $122,672.84
- Days on market
- 9 days
Features & details
- Heating
- Forced air
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $14,999,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD., OAKVILLE.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.