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

$1,549,000

MLS® # E8443556

Commercial For Sale In Dorset Park, Toronto, Ontario

$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

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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