Apt: 4
Orleans - Cumberland and Area K1C 1T1

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Bathrooms: 1
Pets: Pets No

Financials

Price:C799,900
($574,744)
(€490,237)
Annual Taxes:C8,903.28
505 Park Ave, New York, NY 10022

Description

LOCATION! LOCATION! LOCATION! Presenting an extraordinary 1,296 sq ft commercial office unit in a highly desirable location, minuets from the new LRT, featuring an operating business with excellent rental income. Located within a state-of-the-art building completed in 2021, this unit offers a professional environment in a meticulously maintained setting.With soaring 12-foot ceilings and expansive windows, the space is bright, open, and inviting. This is a turnkey investment opportunity perfect for a new landlord or an investor seeking immediate, hassle-free income from a well-established tenant. The unit is currently leased under a triple net lease, making this an exceptionally attractive, low-maintenance asset where the tenant is responsible for taxes, maintenance, and insurance.Included are 2 dedicated parking spaces (both owned), along with 2 exclusive spaces for customers providing added convenience for both staff and visitors. A rare chance to own a premium commercial unit with stable returns in a sought-after location. CIP incentive in place for 10 years of on property taxes, 4 years have passed, 6 remain.

Amenities

  • Major Highway
  • Public Transit

LOCATION ! LOCATION ! LOCATION !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.