5 - 1680 MIDLAND AVENUE

Toronto (Dorset Park), Ontario, M1P3C6, Canada

$1,549,000

*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.

Last updated on : Wednesday 16th of October 2024 11:16:02 AM

ADDRESS

Street : 5 - 1680 MIDLAND AVENUE

City : Toronto (Dorset Park)

Province : Ontario

Country : Canada

Postal Code : M1P3C6

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PROPERTY SUMMARY

Property ID : E8442878

Building Type : Warehouse

Property Type : Industrial

Bathrooms : 2

Parking : 7

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