An outstanding investment opportunity for commercial investors seeking a carefree landlord experience.
| Website: | https://www.nestseekers.com/4326220 |
|---|---|
| Address: | Ajax L1Z 1W4 |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Pets: | No Pets Allowed |
Financials
Price:C4,600,000
($3,361,600)
(€2,875,300)
Annual Taxes:C47,980.72
Description
An outstanding investment opportunity for commercial investors seeking a carefree landlord experience. The property is leased to a AAA+ tenant, a licensed childcare center / daycare / Montessori school under the CWELCC program on a Triple Net Lease, meaning the tenant is responsible for property taxes, insurance, and all maintenance costs. The building is well-maintained. This heritage building was relocated to its current site in 2005 by a developer, who undertook major restorations in 2010, including a new foundation, electrical system, plumbing, flooring, and partial exterior brick replacement. Buyers are advised to verify all building details. The tenant owns stoves, refrigerators, washer/dryer, and all chattels. The current triple-net monthly rent is $20,938 (including HST), with a scheduled increase to $22,807 (including HST) in 2028.
Amenities
- Available
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 |