4
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$1,549,000
Est. payment /mo
2,869 SqFt
Active
1680 Midland AVE #6 Toronto E04, ON M1N 3C6
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UPDATED:
06/18/2024 04:05 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,869 sqft
Price per Sqft $539
MLS Listing ID E8443556
Condo Fees $705
Annual Tax Amount $10,992
Tax Year 2023
Property Description
*Only sold together with the adjoining Unit at 1680 Midland Avenue 5 (MLS# E8442878)* This owner-occupied industrial warehouse is being offered as a leaseback, generating an attractive cap rate and capital appreciation potential with a 10+5 triple net lease being offered to the purchaser. Current owners run a successful business at the location and are looking to free up capital for expansion. A true chance to set your own returns as an investor as the new lease will be negotiated directly with the current owners of the property. Well designed rectangular layout with front office/reception area with 2 washrooms. 7 exclusive parking spots and included with each unit. Minutes away from 401 On/Off Ramp and currently zoned as a Vehicle Service Shop with floor plans available upon request.
Location
Province ON
County Toronto
Community Dorset Park
Area Toronto
Region Dorset Park
City Region Dorset Park
Interior
Cooling No
Exterior
Garage Spaces 7.0
Utilities Available Yes
Lot Depth 97.9
Others
Security Features Yes
Listed by KELLER WILLIAMS ADVANTAGE REALTY
First Fully Rewarding Licensed Brokerage | Proudly Canadian
Managing Broker
+1(416) 300-8540 | admin@pitopi.com