#6 - 1680 Midland Avenue, Toronto, ON M1N 3C6

Toronto E04 M1N 3C6 Ontario

MLS: E8443556

$1,549,000

Added 312 days ago | For Sale

Listed by: KELLER WILLIAMS ADVANTAGE REALTY

About Property

*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.

Features

  • House Style:Industrial
  • Bathrooms:2
  • Land Size: 28.51 X 97.9
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Midland Avenue & Ellesmere Rd
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $10992.3
  • Bedrooms:
  • Total Parking Spaces:7
  • Parking Places:7
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:E8443556

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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