5318 Finch Ave E

LocationMilliken, M1S 5G2
$2.999M For Sale
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images
Property Images

Description

Rare user/investor opportunity to purchase an industrial condominium unit in North Scarborough with quick access to Highway 401 and 407, public transit, and local amenities. The property is 5,991sf with 17' clear height, 3 truck-level doors that can accommodate 53' trailers. The property is currently tenanted. Tenant is paying $159,135 net per annum with 3% yearly escalation until Jan 23, 2028 with no options to renew. Strong investment return with the option in 3 years to take possession for an owner user

Features

  • Business Type
    Category:
  • Commercial Total Area
    Total Area: 5,991 sqft
  • Commercial Office Area
    Office Area: 300 sqft
  • Commercial Industry Area
    Industry Area: 5,691 sqft
  • Commercial Parking Types
    Parking Types: Outside/Surface
  • Commercial Ceiling Heights
    Clear Heights: 17

Details

  • Commercial Zoning
    Zoning: Industrial
  • Tax Amount
    Tax: $ 17,731
  • Commercial Condo Maintenance
    Maintenance: $ 1,866
  • Alcohol Allowed
    Alcohol Allowed: N
  • MLS
    E11993831
  • Listing contracted with: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Location