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$ 945,000
Est. payment | /mo
4 Baths
1,800 SqFt
$ 945,000
Est. payment | /mo
4 Baths
1,800 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $525
Subdivision Weston-Pellam Park
MLS® Listing ID W12523456
Source Toronto Regional Real Estate Board
Property Description
Completely Renovated Building - Turnkey Investment OpportunityFull Building Renovation: Recently renovated from top to bottom with quality finishes and modern upgrades throughout. European Aluminum Windows & Storefront: Brand-new, energy-efficient aluminum windows and sleek commercial-grade storefront for enhanced curb appeal. Interior Upgrades: New kitchens, flooring, drywall, and high-efficiency water tank installed. Zoning Certificate for Multiplex: Includes a zoning certificate (valued at $60,000) allowing for a multiplex addition. Ideal opportunity for CHMC financing to support future constructionor expansion.The entire Property has been fully Leased out. Commercial Retail Leased : $3,390 per month Hst Included. Utilities such as water and Hydro to be paid by Tenant. 3 Year Fixed Term. Business is a Successful Vape store with Multiple Locations around GTA Annual Income: $3,390 x 12 months = $40,680 Residential Units All Units have been fully renovated. Total 3 Units have been fully Leased out with 1 Year lease agreement. 1 Bedroom Basement Apartment: 1,300$ per month x 12 months= $15,600 Studio Apartment: $1,350 per month x 12 months = $16,200, 2 Bedroom Apartment: $1,850 x 12 months = $22,200 (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling None
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 2
Private Pool No
Listed by SOLTANIAN REAL ESTATE INC.
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