Great Location! Great Investment Opportunity! A Commercial Unit At Skycity Outdoor Shopping Centre At Most Of The Busy Interaction Of Finch/Midland, Steps To Ttc, Easy Access To Hwy401/404, Lots Of Free Parking, Suitable For Investor Looing For Good Tenant and Rental Return. Buyer Has To Assume The Existing 5 Year Lease To Be Ended on August 31,2030 With A Cap Rate Of Return About 5.56%. The Unit Has Been Fully Renovated & Equipped For The Business Of a Tea Shop Which Has Been Operating Successfully For Almost 10 Years With a 2-Pcs Washroom. Current Gross Rent $2,442.71 + HST.
Address
B117 - 3272 Midland Avenue
List Price
$380,000
MLS® Status
New
Expiration Date
2025-12-31
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
For Sale
Area
Toronto E07
Sub-Area
Milliken
Region
Toronto
Bathrooms
1
Lot Type
Unit
Lot Size Units
Feet
Parcel Number
761240015
Total Building Area
469
Occupant Type
Tenant
Cross Street
Finch & Midland
MLS® Number
E12417496
Listing Brokerage
VISAR REALTY INC.
Basement
No
Postal Code
M1V 0C7
Posession Details
Immed./TBA
Tax Amount
$3,965.03
Tax Year
2025
Property Management Company
Rotrix Management Inc 416-754-3840
Community Features
Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Gas Forced Air Closed
Cooling
Yes
Cooling Features
Yes
Garage Type
Plaza
Tax Legal Description
Tscp 2124 Level 1 Unit15
Security Features
Yes
