$1,549,000

#6-1680 Midland Ave

Dorset Park, Toronto, Ontario, M1N 3C6

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*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.

Property Info
MLS®: E8443556
Listing Courtesy of KELLER WILLIAMS ADVANTAGE REALTY
Total Bedrooms 0
Total Bathrooms 2
Floor Space 0 sq.ft.
Lot Size 2791 sq.ft.
Style other
Last Updated 2024-06-18
Property Type Industrial
Listed Price $1,549,000
Unit Pricing $1,549,000/sq.ft.
Strata Fee $0.00
Tax Estimate $10,992/Year
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Sold History
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