Lot 1, 17 Laycock Street comprises a 110 childcare centre within the Carey Bay Shopping Village, a multi-tenanted strata complex located in the lakeside suburb of Carey Bay, neighbouring Toronto.
The centre provides a premium facility for children aged 6 weeks to 6 years, the adaptive reuse of the existing dwelling and state of the art resources makes this centre highly sought after.
The site is fully leased to Little Zak's Academy on a brand new 10 year lease plus options with fixed annual increases and a net income of $352,000* per annum.
For Sale by Expressions of Interest.
For more information, please contact Ben King or Tim Woolf of Colliers.
*Approximate
The size of Carey Bay is approximately 0.5 square kilometres. It has 4 parks covering nearly 12% of total area. The population of Carey Bay in 2011 was 931 people. By 2016 the population was 903 showing a population decline of 3.0% in the area during that time. The predominant age group in Carey Bay is 60-69 years. Households in Carey Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carey Bay work in a professional occupation. In 2011, 68.3% of the homes in Carey Bay were owner-occupied compared with 69.3% in 2016.
Carey Bay has 523 properties. Over the last 5 years, Houses in Carey Bay have seen a 80.91% increase in median value, while Units have seen a 51.62% increase. As at 31 October 2024:
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