Agincourt South-Malvern West, M1S 5V9
Description
.This 6,000+ Sq Ft retail space located on the main floor of the Oriental Centre is now available for sale, offering an attractive, hassle-free investment opportunity. With an established tenant in place, the tenant is currently paying net rent of $136,000 annually, providing a solid 6% return, along with covering all T.M.I. (Taxes, Maintenance, and Insurance) expenses. Situated at the highly desirable intersection of Brimley Rd and Sheppard Ave E., this property stands out with a remarkable 10% cap rate. Ample underground and surface parking further enhance the appeal of this investment, allowing you to start earning immediately while enjoying a strong, stable return on your investment. Do not go direct. PIN NUMBERS: Suite1-2 126440002, Other1 - 1126440001, Other1 - 59126440059
Features
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Category: Retail Store Related
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Total Area: 6,805 sqft
- Retail Area: 6,000 sqft
- Parking Types: Underground
Details
- Zoning: Commercial Retail
- Tax: $ 40,819
- Maintenance: $ 7,574
- E9259434
- Listing contracted with: HOMELIFE/LOCAL REAL ESTATE LTD.
