Name: B117 - 3272 MIDLAND AVENUE, Toronto | MLS® E12498248
SKU: e12498248
Price: 368000.0 CAD
Availability: InStock

$368,000 Sale

Listed 15 hours ago

B117 - 3272 MIDLAND AVENUE

MLS® e12498248 Retail

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Beds · 0

Baths · 1.0

Parking · 0

Sqft · 469

Est. mortgage

$1,396/mo

Key Facts

Key facts for B117 - 3272 MIDLAND AVENUE

Property Type

Commercial, Retail

Parking

Garage: No, 0 parking

MLS #

E12498248

Size

469 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

Maintenance Fee

Description

Prime Investment Opportunity in Skycity Shopping Centre!Excellent location at the busy intersection of Finch & Midland, within the highly visible Skycity Outdoor Shopping Centre. Steps to TTC and minutes to Hwy 401 & 404. Ample free surface parking available.Ideal for investors seeking a stable tena...nt and solid return. Buyer to assume the existing 5-year lease (until August 31, 2030).The unit has been fully renovated and equipped for a bubble tea business, which has been successfully operating for almost 10 years. Includes a 2-piece washroom.Current Gross Rent: $2,442.71 + HST / month, Gross Cap Rate: approx. 7.9%Net Cap Rate: approx. 5.7% Fantastic turnkey investment opportunity with a reliable tenant and consistent income in a high-traffic commercial plaza! (id:10452)

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Full Property Details

Interior

Washrooms

1.0

Square Footage

469 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Washrooms

1.0

Square Footage

469 sqft

Heating Source

Natural gas

Heating Type

Forced air

Air Conditioning

Fully air conditioned

Full Bathrooms

Half Bathrooms

Exterior

Parking Spaces

Garage Spaces Y/N

Zoning Description

Commercial

Land Amenities

Public Transit

Parking Spaces

Garage Spaces Y/N

Zoning Description

Commercial

Land Amenities

Public Transit

Building Description

Style

Retail

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Style

Retail

Home Type

Commercial

Subtype

Retail

Water Supply

Municipal water

Community

Milliken

Area Code

Toronto (Milliken)

Community

Milliken

Area Code

Toronto (Milliken)

Legha Realty Group

Email: [email protected] Cell: 416-756-1000