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$ 599,000
Est. payment | /mo
1 Bath
$ 599,000
Est. payment | /mo
1 Bath
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Municipality Toronto E07
Subdivision Milliken
MLS Listing ID E12633238
Condo Fees $307
Annual Tax Amount $3,815
Tax Year 2025
Property Sub-Type Industrial
Property Description
Industrial kitchen setup for catering. Can also do take-out and delivery. Road exposure. Tenanted with lease expiring February 28, 2026. Tenant willing to remain for another 5 years. Current monthly net rent of $3,061.56 including HST. Renewal would be with 5% annual increases according to existing lease document. 5.4% cap rate based on existing net operating income.
Location
Province ON
County Toronto
Community Toronto E07
Area Toronto
Interior
Cooling No
Exterior
Community Features Public Transit
Utilities Available Yes
Others
Security Features Yes
ParcelsYN No
Listed by SUTTON GROUP-ADMIRAL REALTY INC.
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