1 - 1929 Russell Road
Elmvale Acres and Area, ON
- 25,283 sqft
- Investment
- 217 days on market
This unit is part of a portfolio of 20 leased medical condominium units in the building and 385 parking stalls For Sale, generating an income of $500,000 and a 6.50% Cap Rate based on Listing Price. The Portfolio totals 25,283sf., and is 95% leased to medical tenants. Please see attached flyer.
Listing Details
- Taxes (2025)
- $64,000
- Originally Listed
- $8,650,000
- Listed
- January 28, 2026
Price History
Property
- Lot Size
- 36.58 x 274.7 Feet
Parking
- Garage
- Underground
Location & Legal
- Cross Street
- Russell Road / Lancaster Road
- Zoning
- AM10[2199]
- Parcel Number
- 153170197
- Possession
- Flexible
- Occupancy
- Tenant
Community
Postal area K1G
- Population
- 35,074
- Private dwellings
- 15,333
- Median age
- 38.8
- Average household size
- 2.3
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Elmvale Acres and Area · last 12 months
- Median sold price
- $645,000
- Homes sold
- 135
- Median days on market
- 16
- Sale-to-list price
- 99.4%
Based on 135 recorded sales of commercial properties in Elmvale Acres and Area over the last 12 months.
Listed by
PERISCOPE REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 25,283 sq ft
- Price per sq ft
- $303.96
- Annual property tax
- $64,000
- Tax per sq ft
- $2.53
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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