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Malvern Medical Arts 1333 Neilson Rd

40,574 SF 62% Leased Office Building Toronto, ON M1B 4Y9 £5,464,846 (£135/SF)

Executive Summary

Offering A 100% Freehold Interest In The Malvern Medical Arts Building: A 40,631 SF Medical Office Building Located At 1333 Neilson Road In Scarborough. Malvern Medical Arts Is A Professionally Managed And Well-Maintained Building With Excellent Parking And Presents A Unique Opportunity For End Users, Investors, And Developers. Currently 80% Leased With 6.3 Years Of Weighted Average Lease Term (Inclusive Of A 12,478 SF Vendor Headlease). The 12,478 SF Lower Level Unit (Subject To A Vendor Headlease) Was Previously Home To A Medical Clinic And Can Be An Ideal Opportunity For Similar Uses Or The Space Can Be Further Demised As Required To Suit An Owner/Occupier. Across The Street From Malvern Town Centre Which Has Made An Application For A Master Community Including Over 470,000 SF Across 13 Towers With Substantial Parkland Dedication And Commercial Amenities. Located Along A Major Bus Route That Serves Commuters From Centenary Hospital Which Is Part Of The Scarborough Health Network***** EXTRAS **** *Situated Only 3.5km South Of The Property. 180 Parking Spaces Inclusive Of An Additional 60 Parking Spaces At Malvern Presbyterian Church.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
40,574 SF
Building Class
B
Year Built
1988
Price
£5,464,846
Price Per SF
£135
Percent Leased
62%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
13,525 SF
Building FAR
0.55
Land Acres
1.68 AC
Zoning
CR
Parking
110 Spaces (2.71 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 12,478 SF
  • Office/Medical
  • Full Build-Out
  • Now

Suite 100 is a spacious, 12,478 square foot suite that includes a reception and waiting area, over 40 offices/exam rooms, several in-suite washrooms and access from both the lobby and the exterior. Available immediately.

  • 2nd Fl-Ste 220
  • 830 SF
  • Office/Medical
  • Full Build-Out
  • Now

Suite 220 is an 830 square foot corner unit with windows along the north and west walls providing ample natural light. Conveniently located across from the building elevator, this suite is in base building condition, ready for tenant improvements. Available immediately.

  • 2nd Fl-Ste 235
  • 1,003 SF
  • Office/Medical
  • Full Build-Out
  • Now

Suite 235 is a 1,003 square foot corner suite including eight offices and an-suite washroom. Available immediately.

  • 3rd Fl-Ste 300
  • 1,253 SF
  • Office/Medical
  • Full Build-Out
  • Now

Suite 300 is a 1,249 square foot sun-lit corner unit. Includes a open-concept reception and waiting area, four offices, and two exam rooms (with sinks). Available immediately.

Space Size Space Use Condition Available
1st Fl-Ste 100 12,478 SF Office/Medical Full Build-Out Now
2nd Fl-Ste 220 830 SF Office/Medical Full Build-Out Now
2nd Fl-Ste 235 1,003 SF Office/Medical Full Build-Out Now
3rd Fl-Ste 300 1,253 SF Office/Medical Full Build-Out Now

1st Fl-Ste 100

Size
12,478 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 220

Size
830 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 235

Size
1,003 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size
1,253 SF
Space Use
Office/Medical
Condition
Full Build-Out
Available
Now

1st Fl-Ste 100

Size 12,478 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Suite 100 is a spacious, 12,478 square foot suite that includes a reception and waiting area, over 40 offices/exam rooms, several in-suite washrooms and access from both the lobby and the exterior. Available immediately.

2nd Fl-Ste 220

Size 830 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Suite 220 is an 830 square foot corner unit with windows along the north and west walls providing ample natural light. Conveniently located across from the building elevator, this suite is in base building condition, ready for tenant improvements. Available immediately.

2nd Fl-Ste 235

Size 1,003 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Suite 235 is a 1,003 square foot corner suite including eight offices and an-suite washroom. Available immediately.

3rd Fl-Ste 300

Size 1,253 SF
Space Use Office/Medical
Condition Full Build-Out
Available Now

Suite 300 is a 1,249 square foot sun-lit corner unit. Includes a open-concept reception and waiting area, four offices, and two exam rooms (with sinks). Available immediately.

Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30766637

  • Date on Market: 25/01/2024

  • Last Updated:

  • Address: 1333 Neilson Rd, Toronto, ON M1B 4Y9

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