6 – 1680 Midland Avenue, Toronto, Ontario M1N 3C6 (27045583)
6 - 1680 Midland Avenue Toronto, Ontario M1N 3C6
$1,549,000
*Only sold together with the adjoining Unit at 1680 Midland Avenue 5 (MLS# E8442878)* This owner-occupied industrial warehouse is being offered as a leaseback, generating an attractive cap rate and capital appreciation potential with a 10+5 triple net lease being offered to the purchaser. Current owners run a successful business at the location and are looking to free up capital for expansion. A true chance to set your own returns as an investor as the new lease will be negotiated directly with the current owners of the property. Well designed rectangular layout with front office/reception area with 2 washrooms. 7 exclusive parking spots and included with each unit. Minutes away from 401 On/Off Ramp and currently zoned as a Vehicle Service Shop with floor plans available upon request. (id:58332)
Property Details
| MLS® Number | E8443556 |
| Property Type | Industrial |
| Neigbourhood | Scarborough |
| Community Name | Dorset Park |
| ParkingSpaceTotal | 7 |
Building
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 2869 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeIrregular | Unit=28.51 X 97.9 Ft |
| SizeTotalText | Unit=28.51 X 97.9 Ft |
https://www.realtor.ca/real-estate/27045583/6-1680-midland-avenue-toronto-dorset-park
Interested?
Contact us for more information
Steven Cheng
Salesperson
1238 Queen St East Unit B
Toronto, Ontario M4L 1C3
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June 14 2024 09:32:12
Toronto Real Estate Board
Keller Williams Advantage Realty