$1,475,000
Unit 6 - 1680 Midland Ave
Toronto E04, ON M1N 3C6
Unit 6 - 1680 Midland Ave, Toronto E04 — Listed at $1,475,000, 2 bathroom Industrial. MLS® E12224300.
Description
PRICE DECREASE with further potential to negotiate price. 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. The 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 with current zoning allowing for a variety of uses including automotive.
Property Details
Business Details
Commercial Space & Financials
Industrial Specifications
Listing Courtesy of: KELLER WILLIAMS ADVANTAGE REALTY
MLS® #E12224300
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HouseIndex Take: Unit 6 - 1680 Midland Avenue
This industrial is located in the Dorset Park neighbourhood of Toronto.
The home offers 2 bathrooms.
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About Toronto Real Estate
This Industrial is located in the Dorset Park community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.