+3 more
$1,475,000
1680 Midland Unit 6
Toronto (Dorset Park), Ontario, M1N3C6
2
Bathrooms
2,869 sqft
Building Area
7
Parking
About This Property
This 2-bathroom industrial in Toronto offers 2,869 sqft of building area. The property has cross street Midland Avenue & Ellesmere Rd, zoned E 0.7 (x192). The home features forced air, natural gas heating.
MLS Remarks
PRICE DECREASE with further potential to negotiate price. 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. The 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 with current zoning allowing for a variety of uses including automotive. (id:60351)
Overview
Property Typecommercial
Sub-Typeindustrial
Transactionsale
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