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List Price: $1,549,000

1680 Midland Avenue, Scarborough, M1N 3C6

- By KELLER WILLIAMS ADVANTAGE REALTY
Industrial|MLS - #E8443556|New
Bed
2 Bath
2869 Sqft.
None Garage

Client Remarks

*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 Description

1680 Midland Avenue, Scarborough, M1N 3C6

Property type

Industrial

Lot size

N/A acres

Style

Approx. Area

2869 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Building size

2869

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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1680 Midland Avenue, Scarborough, M1N 3C6
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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