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170 Willowdale Avenue Toronto, ON M2N 4Y6
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Key Details
Sold Price $8,000,000
Property Type Commercial
Sub Type Hospitality,Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,700 sqft
Price per Sqft $1,038
MLS Listing ID 40554513
Sold Date 05/15/24
Abv Grd Liv Area 7,700
Originating Board Mississauga
Year Built 2004
Annual Tax Amount $32,134
Property Description
- Please do not go to the property directly or talk to staff -
Beechwood Real Estate Advisors, Brokerage Inc. has been retained by The Fuller Landau Group Inc. to market the real property municipally known as 170 Willowdale Avenue, Toronto, Ontario and operating as the The Willowdale Hotel. Situated in Toronto's East Willowdale neighbourhood, The Willowdale Hotel is one of only three hotels within a five-kilometre radius. The Hotel has 13 guest suites, although the owner has preliminary investigated the potential of a 15 room expansion with an interior corridor connection to the existing building. Investment highlights include: Profitable In-Place Operation; Located in a Highly Sought After Hotel Market; Exceptionally Strong Lodging Fundamentals; Expansion Opportunity; Operational Flexibility. Please see attached Investment Flyer for additional details. A Confidentiality Agreement (attached) is required to access the virtual data room.
- CALL FOR OFFERS ANNOUNCEMENT - Offers will be received by The Fuller Landau Group Inc. at any time up to the offer submission deadline of 1:00pm Eastern Time on Tuesday, April 16th, 2024. Please refer to the Call for Offers instructions provided in the Data Room.
Location
Province ON
County Toronto
Area Tc14 - Toronto Central
Zoning CR1.0 (c1.0; r1.0) SS2 Commercial Residential
Direction The Hotel is located at the southwest corner of Willowdale Avenue and Alfred Avenue in the East Willowdale neighbourhood of Toronto, with very good access from Highway 401 and the TTC Yonge-University Line 1.
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Waterfront No
Lot Frontage 60.0
Lot Depth 120.0
Garage No
Building
Lot Description Rectangular, High Traffic Area, Public Transit, Schools, Visual Exposure, Other
Faces The Hotel is located at the southwest corner of Willowdale Avenue and Alfred Avenue in the East Willowdale neighbourhood of Toronto, with very good access from Highway 401 and the TTC Yonge-University Line 1.
Story 2
Sewer Sewer (Municipal)
Water Municipal
Level or Stories 2
New Construction No
Others
Senior Community false
Tax ID 100750038
Ownership Freehold/None
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