6 - 1680 Midland Avenue Toronto, Ontario M1N 3C6
$1,549,000
*Only sold together with the adjoining Unit at 1680 Midland Avenue 5 (MLS# E8442878)* 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. (id:61015)
Business
| Business Type | Industrial |
| Business Sub Type | Warehouse |
Property Details
| MLS® Number | E8443556 |
| Property Type | Industrial |
| Neigbourhood | Scarborough |
| Community Name | Dorset Park |
| Parking Space Total | 7 |
Building
| Bathroom Total | 2 |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 2,869 Ft2 |
| Type | Warehouse |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 97 Ft ,10 In |
| Size Frontage | 28 Ft ,6 In |
| Size Irregular | Unit=28.51 X 97.9 Ft |
| Size Total Text | Unit=28.51 X 97.9 Ft |
| Zoning Description | E 0.7 (x192) |
https://www.realtor.ca/real-estate/27045583/6-1680-midland-avenue-toronto-dorset-park-dorset-park
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October 16 2024 03:16:03
Toronto Regional Real Estate Board
Keller Williams Advantage Realty