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$XXX,XXX
Status: OFF MARKET
Built in 2011 and strategically positioned at the crossroads of Wonderland Road South and Viscount Road, this freestanding restaurant pad commands a prime location along a bustling traffic corridor, accommodating a daily influx of 34,000 vehicles. In 2018 there was 1.1 million dollar renovation done. The building itself spans 5,472 square feet and occupies a generous 0.91-acre corner site, ensuring premium visibility within the locale. Adjacent to this site is Westmount Commons, a recently revitalized mixed-use center spanning 535,000 square feet. This dynamic complex features 200,000 square feet of office space, complemented by an additional 335,000 square feet dedicated to retail establishments emphasizing destination, lifestyle, and entertainment offerings. The immediate surroundings boast a burgeoning neighborhood, featuring multiple schools and several high-density residential buildings.Under the ownership and management of an institutional entity, this property stands as a secure investment with a long term triple net lease. Positioned on a high-visibility corner in an established area, it guarantees a stable and reliable cash flow.
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40537280 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :17 May, 2024 (153 Days ago) |
| Source | :LSTAR |
| Area | :Middlesex |
|---|---|
| City | :London |
| Area Major | :South |
| Area Minor | :South M |
| Postal Code | : N6K 2Y5 |
| Directions | :Northwest corner of Wonderland Road South and Viscount Road |
| Price | : $2,700,000 |
|---|---|
| Property Taxes | :$0 |
| Tax Year | :2023 |
|---|
| Bedrooms | :0 + |
|---|---|
| Place of Worship | :No |
| Cross Street | :VISCOUNT ROAD |
| Approx Square Footage | :5472 sqft |
|---|
17 May, 2024
TREB #40537280
Listed
$2700000
