Description
Fully leased plaza to a variety of professional and service-based tenants and recently achored by a Montessori just beginning a 10-year lease. The Property has a 6.2 year weighted average lease term, and the Buyer has the opportunity to increase rental value through lease escalations or for a user to occupy a portion of the building as leases turnover. Vendor previously received approval to develop 14 townhomes and 1 detached house. Situated on 1.04 acres of land within proximity of Mt Joy GO Station. Recent renovations include: new asphalt, updated sidewalk interlocking and new rooftop HVAC units on 20 Fincham Ave building.
Features
- Category: Service Related
- Total Area: 12,690 sqft
- Retail Area: 12,690 sqft
- Total Parkings: 50
- Parking Types: None
- Property Age: 16-30
Details
- Zoning: COMMERCIALCONDO
- Tax: $ 58,758
- N9395468
- Listing contracted with: COLLIERS