$1,549,000
( $563.30Per Sq Foot )
 $8,315 est/mo Sourced by Back At You

5 - 1680 Midland Avenue , Toronto (Dorset Park), ON M1P3C6

Toronto (Dorset Park), ON M1P3C6

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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. (id:13843)

Details

MLS#E8442878
Listing TypeFor Sale
StatusActive
Days On Site220
Listing Provided ByKELLER WILLIAMS ADVANTAGE REALTY | STEVEN CHENG

Features

Bath(s) 2 Total
SQ Feet2,749
ZoningE 0.7 (x192)
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Listings Checked: 7 minutes ago
StateON
CityToronto (Dorset Park)
Zip CodeM1P3C6
Listing VS Median (in M1P3C6)
Price:
$1,549,000
low | high
Med:
$1,574,500
48.353776630084% of Average
SqFt:
2,749
low | high
Med:
2,718
51.127682793743% of Average
$ / SqFt:
$563
low | high
Med:
$579
47.162088558281% of Average
On Site:
220
low | high
Med:
111.500000
100% of Average
Sourced by Back At You
Listing Updated: December 24, 2024 at 9:00:44 PM PST