Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$1,549,000
Available - For Sale
Listing ID: E8442878
1680 Midland Ave , Unit 5, Toronto, M1P 3C6, Ontario
| *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. |
| Price | $1,549,000 |
| Taxes: | $10936.96 |
| Tax Type: | Annual |
| Occupancy by: | Owner |
| Address: | 1680 Midland Ave , Unit 5, Toronto, M1P 3C6, Ontario |
| Apt/Unit: | 5 |
| Postal Code: | M1P 3C6 |
| Province/State: | Ontario |
| Legal Description: | UNIT 5, LEVEL 1, TORONTO STANDARD CONDOM |
| Lot Size: | 28.35 x 97.41 (Feet) |
| Directions/Cross Streets: | Midland Ave & Ellesmere Rd |
| Category: | Industrial Condo |
| Use: | Warehousing |
| Building Percentage: | N |
| Total Area: | 2749.86 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 398 |
| Office/Appartment Area Code: | Sq Ft |
| Industrial Area: | 2352 |
| Office/Appartment Area Code: | Sq Ft |
| Financial Statement: | N |
| Chattels: | N |
| Franchise: | N |
| Employees #: | 5 |
| LLBO: | N |
| Sprinklers: | Y |
| Washrooms: | 2 |
| 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: | N |
| Water: | Municipal |
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| KELLER WILLIAMS ADVANTAGE REALTY |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Industrial |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Dorset Park |
| Lot Size: | 28.35 x 97.41(Feet) |
| Tax: | $10,936.96 |
| Baths: | 2 |
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