1680 Midland Ave - Warehouse CONDO FOR SALE


Toronto, ON M1P 3C6
$1,549,000 CAD
647-679-5393
1680 Midland Ave, Toronto, ON for Sale
$1,549,000 CAD
Warehouse CONDO - FOR SALE
1/4
null | Request Cap Rate

1680 Midland Ave
Toronto, ON M1P 3C6


OVERVIEW

*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.

FOR SALE DETAILS

PRICE

$1,549,000 CAD

PRICE/SF

$540 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

45,285 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,752 SF

ZONING

E

APN/PARCEL ID

190104367004324,190104367004325

ASK ABOUT THIS PROPERTY

Steven ChengKeller Williams Advantage RealtyMore Info
647-679-5393

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Steven ChengKeller Williams Advantage RealtyMore Info
647-679-5393

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.