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$1,475,000
Available - For Sale
Listing ID: E12224300
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.
Price $1,475,000
Taxes: $10,992.3
Tax Type: Annual
Monthly Condo Fee: $706
Occupancy by: Owner
Address: 1680 Midland Aven , Toronto, M1N 3C6, Toronto
Postal Code: M1N 3C6
Province/State: Toronto
Legal Description: UNIT 6, LEVEL 1, TORONTO STANDARD CONDOM
Directions/Cross Streets: Midland Avenue & Ellesmere Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Industrial Condo
Use: Warehouse
Building Percentage: F
Total Area: 2,869
Total Area Code:  Square Feet
Office/Appartment Area: 408
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Franchise: F
Maintenance: 0
Sprinklers: Yes
Rail: N
Clear Height Feet: 13
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 1
  Height Feet: 10
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS ADVANTAGE REALTY

1680 Midland Aven , Toronto, M1N 3C6, Toronto


 
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At a Glance:
Type: Com - Industrial
Area: Toronto
Municipality: Toronto E04
Neighbourhood: Dorset Park
Style:
Lot Size: x 97.90(Feet)
Approximate Age:
Tax: $10,992.3
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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