REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 599,000
Est. payment | /mo
1 Bath
990 SqFt
$ 599,000
Est. payment | /mo
1 Bath
990 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 990 sqft
Price per Sqft $605
Subdivision Milliken
MLS® Listing ID E12633238
Source Toronto Regional Real Estate Board
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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling None
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by SUTTON GROUP-ADMIRAL REALTY INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "