Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C9,200,000
($6,627,000)
(€5,715,100)
Annual Taxes:C56,194
Prime Functional Multi Bay Tenant Industrial Investment in the Prime Golden Mile Regeneration Area in a prime industrial node near Warden Eglinton Ave E, surrounded by service industrial and flex ...
Description
Prime Functional Multi Bay/Tenant Industrial Investment in the Prime Golden Mile Regeneration Area in a prime industrial node near Warden/Eglinton Ave E, surrounded by service industrial and flex uses within 300 meter walking distance to Golden Mile Station on Eglinton/Warden with rent significantly below market with 11 D/I Door and 4 Van Height Door(rare ratio for mid-size buildings), a good mix of tenant rooster with extremely low TMI cost, zoned E1 Functional bays with flexible uses serving Scarboroughs established trade area. Rent being collected is significantly below market, signficant upside. The area is going under significant revitalization including signficant redevelopment of the entire Golden Mile area(~280 Acre) with over 37,000 units across more than 75 towers proposed in the Golden Mile with expectation of 56,000 new residence and 20,000 employment within the immediate area. Do not talk to the tenant.
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.