*Only sold together with the adjoining Unit at 1680 Midland Avenue 6 (MLS #E8443556)* 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.
- Cooling System:
- No
- Utilities:
- Yes
- City:
- Toronto
- Postal Code:
- M1P 3C6
- Street:
- Midland
- Street Number:
- 1680
- Street Suffix:
- Avenue
- Zoning:
- E 0.7 (x192)
- Unit Number:
- 5
- Building Size:
- 2749.86
- Business Type:
- Warehouse
- Tax Annual Amount:
- 10936.96
- Mls Status:
- New
- Modification Timestamp:
- 2024-06-17T21:32:00Z
- Originating System Name:
- TRREB
Commercial Sale For Sale
1680 Midland Ave Unit 5, Toronto, Ontario M1P 3C6
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- E8442878
- Price :
- $1,549,000
- Status :
- Active
- Office Name :
- KELLER WILLIAMS ADVANTAGE REALTY
- Property Sub Type :
- Industrial
