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$4,600,000
Available - For Sale
Listing ID: E12051732
An outstanding investment opportunity for commercial investors seeking a carefree landlord experience. The property is leased to a AAA+ tenant, a licensed childcare center / daycare / Montessori school under the CWELCC program on a Triple Net Lease, meaning the tenant is responsible for property taxes, insurance, and all maintenance costs. The building is well-maintained. This heritage building was relocated to its current site in 2005 by a developer, who undertook major restorations in 2010, including a new foundation, electrical system, plumbing, flooring, and partial exterior brick replacement. Buyers are advised to verify all building details. The tenant owns stoves, refrigerators, washer/dryer, and all chattels. The current triple-net monthly rent is $20,938 (including HST), with a scheduled increase to $22,807 (including HST) in 2028.
Price $4,600,000
Taxes: $47,980.72
Tax Type: Annual
Occupancy by: Tenant
Address: 365 Kingston Road East , Ajax, L1Z 1W4, Durham
Postal Code: L1Z 1W4
Province/State: Durham
Directions/Cross Streets: Kingston Rd / Hwy 412
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Institutional
Use: Schools
Building Percentage: T
Total Area: 6,546.1
Total Area Code:  Square Feet
Retail Area Code: %
Approximatly Age: 100+
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ENSO REALTY INC.

365 Kingston Road East , Ajax, L1Z 1W4, Durham


 
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At a Glance:
Type: Com - Commercial Retail
Area: Durham
Municipality: Ajax
Neighbourhood: Central East
Style:
Lot Size: x 129.00(Feet)
Approximate Age: 100+
Tax: $47,980.72
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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