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Home ON Greater Toronto Area Toronto Scarborough Dorset Park
5 - 1680 MIDLAND AVENUE
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5 - 1680 MIDLAND AVENUE $1,549,000
$1,549,000
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5 - 1680 MIDLAND AVENUE
Toronto (Dorset Park), Ontario M1P3C6

MLS® Number: E8442878
2
Bathrooms
2750
Square Feet

Listing Description

*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. (35487624)

Location Description

Midland Ave & Ellesmere Rd

Property Summary

Property Type
Industrial
Building Type
Warehouse
Square Footage
2750 sqft
Community Name
Dorset Park
Land Size
Unit=28.35 x 97.41 FT
Annual Property Taxes
$10,936.96
Total Parking Spaces
7
Time on REALTOR.ca
187 days

Building

Bathrooms
Total
2
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Industrial (Warehouse)
Parking
Total Parking Spaces
7

Measurements

Square Footage
2750 sqft

Land

Lot Features
Frontage
28 ft ,4 in
Land Depth
97 ft ,4 in
Other Property Information
Zoning Description
E 0.7 (x192)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
STEVEN CHENG