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Home ON Greater Oshawa Whitby Whitby Industrial
3 & 4 - 1001 BURNS STREET E
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3 & 4 - 1001 BURNS STREET E $2,900,000
$2,900,000
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3 & 4 - 1001 BURNS STREET E
Whitby (Whitby Industrial), Ontario L1N6A6

MLS® Number: E9386986
2
Bathrooms
13575
Square Feet

Listing Description

Highly attractive Industrial/Service Retail location with National tenant in place being offered at a very attractive $221 PSF. This offering is for units 3 & 4, totaling 13,575 SF. Current rents are well below market rates. Well-maintained space, new single-ply membrane roof 2022. Heavy power. Upgraded T8 lighting. Excellent proximity to two interchanges to Hwy 401. M1A zone offers broad range of uses. Fair shipping accommodation. Healthy condo reserve. 18' ceiling heights in warehouse. Common parking. This property is located in a high-growth area, and with the scarcity of industrial space in Whitby, the strong potential for future appreciation and income growth this offering is a strategic opportunity to invest in a market with robust fundamentals and promising long-term prospects. **** EXTRAS **** Current lease term expiring July 2028 paying $88,237.56 Net, with fixed 5 year option following expiry at $101,812.56 Net, and second 5 year option at fair market rates. (36903505)

Location Description

Burns St E/Garden St.

Property Summary

Property Type
Industrial
Building Type
Warehouse
Square Footage
13575 sqft
Community Name
Whitby Industrial
Land Size
Unit=110 x 123 FT ; Irregular size unit
Annual Property Taxes
$43,662.22
Time on REALTOR.ca
38 days

Building

Bathrooms
Total
2
Heating & Cooling
Cooling
Partially air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Industrial (Warehouse)

Measurements

Square Footage
13575 sqft

Land

Lot Features
Frontage
110 ft
Land Depth
123 ft
Other Property Information
Zoning Description
M1A
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
ARMANI BHATTI