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$ 1,150,000
Est. payment | /mo
1,600 SqFt
$ 1,150,000
Est. payment | /mo
1,600 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $718
MLS Listing ID W9343311
Annual Tax Amount $9,001
Tax Year 2024
Property Description
Located in a prime commercial hub in North York, at the intersection of Keele Street and Finch Avenue West, is a 1,600 square foot property. This location is within 10 metres from Finch Ave West subway station and is close to major highways such as the 401, 400, and 407. York University is also easily accessible by foot. The area is undergoing significant development and offers a wide range of amenities. Currently tenanted to a restaurant, this property benefits from a high-traffic location, which has attracted the same tenant for the past seven years. The property generates a net monthly income of $4,604. It's important to note that the current tenant is on a month-to-month lease, but is willing to sign a formal lease. Given its prime location and consistent income, this property presents an excellent opportunity for both investors and owner-occupiers. Whether you're looking to add to your investment portfolio or establish a business, this property offers immediate returns.
Location
Province ON
County Toronto
Community York University Heights
Area Toronto
Region York University Heights
City Region York University Heights
Interior
Cooling Yes
Exterior
Community Features Major Highway, Subways
Utilities Available Yes
Lot Depth 550.0
Others
Security Features Yes
Listed by REAL ONE REALTY INC.
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