ON > Toronto E04 > Dorset Park
Toronto E04, ON M1P 3C6,1680 Midland AVE #5
Toronto E04, ON M1P 3C6,1680 Midland AVE #5
Toronto E04, ON M1P 3C6,1680 Midland AVE #5
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$1,549,000
Est. payment /mo
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2,749 SqFt
Active

1680 Midland AVE #5 Toronto E04, ON M1P 3C6

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Kenneth Yim

Kenneth Yim

+1(416) 651-5653

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,749 sqft

Price per Sqft $563

Subdivision Dorset Park

MLS Listing ID E8442878

Condo Fees $676

Annual Tax Amount $10,936

Tax Year 2023

Lot Depth 97.41

Property Description

*Only sold together with the adjoining Unit at 1680 Midland Avenue 6 (MLS #E8443556)* 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.

Location

Province ON

County Toronto

Community Dorset Park

Area Toronto

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Depth 97.41

Others

Security Features Yes

Listed by KELLER WILLIAMS ADVANTAGE REALTY

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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