#6 - 1680 Midland Avenue, Toronto, ON M1N 3C6 (Midland Avenue & Ellesmere Rd)

Price : $1,475,000.00 , MLS®# : E12224300

Description

Only sold together with the adjoining Unit at 1680 Midland Avenue 5 (MLS# E12224270)* 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. Floor plans available upon request.

Location Description

Midland Avenue & Ellesmere Rd

Property Details
  • Community: Dorset Park
  • Property Type: Owner/Commercial
  • Bath: 2
  • Garages: None
  • Annual Property Taxes : $ 10992.3
Building Features
  • Parking Type : None
Features
  • Heating : Gas Forced Air Open
  • Sewer : Sanitary ,

Listing Contracted With: KELLER WILLIAMS ADVANTAGE REALTY