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6 - 1680 MIDLAND AVENUE, Toronto, Ontario, M1N 3C6

MLS® # E8443556
Commercial For Sale In Dorset Park, Toronto, Ontario
$1,549,000
6 - 1680 Midland Avenue, Toronto, ON
6 - 1680 Midland Avenue, Toronto, ON
6 - 1680 Midland Avenue, Toronto, ON
6 - 1680 Midland Avenue, Toronto, ON
6 - 1680 Midland Avenue, Toronto, ON
6 - 1680 Midland Avenue, Toronto, ON
6 - 1680 Midland Avenue, Toronto, ON
6 - 1680 Midland Avenue, Toronto, ON
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ACTIVE
6 - 1680 MIDLAND AVENUE, Toronto, Ontario, M1N 3C6
$1,549,000

Property Information:

*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. (id:27)

Building Features:

  • Style: Industrial
  • Building Type: Warehouse
  • Heating Type: Other
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Industrial
  • Bathrooms: 2
  • Irregular: Yes
  • Lot Depth: 97.8 Feet
  • Lot Frontage: 28.5 Feet
  • Lot Size: Unit=28.51 x 97.9 FT
  • Zoning: E 0.7 (x192)
  • Sewer: Sanitary sewer
  • No. of Parking Spaces: 7

Courtesy of: KELLER WILLIAMS ADVANTAGE REALTY

REALTOR.ca  

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Market Price Trends

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Location of 6 - 1680 MIDLAND AVENUE, Toronto, Ontario, M1N 3C6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 6 - 1680 MIDLAND AVENUE , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

57/100

Moderate

ClimateCheck®

Current data

This property, 6 - 1680 MIDLAND AVENUE , experiences 11 significant 2-day storms per year, with about 302.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 374.3mm of precipitation per year.

Precipitation Per Storm

Past
302.6mm
2050
374.3mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 6 - 1680 MIDLAND AVENUE, Toronto, Ontario, M1N 3C6

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$129,291.07

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.22 %

High school certificate or equivalent

30.63 %

Apprenticeship trade certificate/diploma

2.66 %

College/non-university certificate

19.13 %

University certificate (below bachelor)

2.24 %

University Degree

32.12 %

Commuter

Travel To Work

By Car

69.52 %

By Public Transit

22.71 %

By Walking

1.92 %

By Bicycle

0.0 %

By Other Methods

5.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.62 %

Houses

99.38 %

Own Vs. Rent

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