#5 – 1680 Midland Avenue, Toronto, ON M1P 3C6 – Toronto – $1,549,000
Description
Description
*Only sold together with the adjoining Unit at 1680 Midland Avenue 6 (MLS #E8443556)* This owner-occupied industrial warehouse is being offered as a leaseback, generating an attractive cap rate and capital appreciation potential with a 10+5 triple net lease being offered to the purchaser. Current owners run a successful business at the location and are looking to free up capital for expansion. A true chance to set your own returns as an investor as the new lease will be negotiated directly with the current owners of the property. Well designed rectangular layout with front office/reception area with 2 washrooms. 7 exclusive parking spots and included with each unit. Minutes away from 401 On/Off Ramp and currently zoned as a Vehicle Service Shop with floor plans available upon request.
Property Details
- Property Type: Commercial
- List Price: $1,549,000
- Parking Spaces: 7
- Tax Year: 2023
- Annual Taxes: $10,937
Address
Open on Google Maps- Address #5 - 1680 Midland Avenue, Toronto, ON M1P 3C6
- City Toronto
- State/county ON
- Zip/Postal Code M1P 3C6
Details
Updated on April 2, 2025 at 11:17 pm- Price: $1,549,000
- Garages: 7
- Property Type: Commercial
- Property Status: For Sale
Additional details
- Property Type: Commercial
- Tax Year: 2023
- Annual Taxes: $10,937
Features
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