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
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Category:
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Total Area: 5,991 sqft
- Office Area: 300 sqft
- Industry Area: 5,691 sqft
- Parking Types: Outside/Surface
- Clear Heights: 17
Details
- Zoning: Industrial
- Tax: $ 17,731
- Maintenance: $ 1,866
- Alcohol Allowed: N
- E11993831
- Listing contracted with: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP