#5 - 1680 Midland Avenue , Toronto E04, ON M1P 3C6
Toronto E04, ON M1P 3C6
Description
*Only sold together with the adjoining Unit at 1680 Midland Avenue 6 (MLS #E8443556)* 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.
Details
| MLS# | E8442878 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 308 |
| Listing Provided By | KELLER WILLIAMS ADVANTAGE REALTY | E8442878 129000 |
Features
| Bath(s) | 2 |
|---|---|
| SQ Feet | 2,749 |
| Acreage | 0.06 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E04 |
| Postal Code | M1P 3C6 |
| Area | Dorset Park |
| Listing VS Median (In M1P 3C6) | |
Price: $1,549,000 low | high Med: $1,549,000 SqFt: 2,749 low | high Med: 2,749 $ / SqFt: $563 low | high Med: $563 On site: 308 low | high Med: 308.000000 | |