LOADING

5 - 1680 Midland Avenue Toronto, Ontario M1P 3C6

2 Bathroom 2749.86 sqft
Other

$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. (id:58428)

Business

BusinessType Industrial
BusinessSubType Warehouse

Property Details

MLS® Number E8442878
Property Type Industrial
Community Name Dorset Park
ParkingSpaceTotal 7

Building

BathroomTotal 2
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 2749.86 Sqft
Type Warehouse
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 97 Ft
SizeFrontage 28 Ft
SizeIrregular Unit=28.35 X 97.41 Ft
SizeTotalText Unit=28.35 X 97.41 Ft
ZoningDescription E 0.7 (x192)

https://www.realtor.ca/real-estate/27044746/5-1680-midland-avenue-toronto-dorset-park

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