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.
PART BLOCK F, PLAN 979, PARTS 7, 8 AND 9 PLAN 33R21261 SUBJECT TO AN EASEMENT OVER PART 8 PLAN 33R21261 AS IN 290165 SUBJECT TO AN EASEMENT IN GROSS AS IN ER1471654 CITY OF LONDON
Occupancy
Own+Ten
Possession Date
30 DAYS
Taxes (2024)
$36,708
Tax Type
Annual
Assessment (2023)
$1,322,000
Directions/Cross Streets
VISCOUNT ROAD
Neighbourhood
South M
Area
Middlesex
Price History
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Detailed Information
Freestanding
Y
Lot
27.1 x 98.28 ft
Total Area
5,472 ft2
Air Conditioning
Y
Basement
N
Garage Type
None
Heat Type
Gas Forced Air Open
Area Influences
Public Transit
Sprinklers
N
Utilities
A
Water
Municipal
Crane
N
Rail
N
Lot/Bldg/Unit Code
Building
Zoning
RSA2
Seller Property Info Statement
N
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