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Warehouse Condo For Sale • 5,800 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 5-6 | Industrial | 5,800 SF | $2,104,805 USD | |
Sale Notes*Only sold together with the adjoining Unit at 1680 Midland Avenue 5 (MLS# E8442878)* 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. |
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| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Kennedy Go Station Rail (Stouffville Train - GO Transit) | 6 min | - | 2.2 mi |
| Agincourt Go Station Rail (Stouffville Train - GO Transit) | 7 min | - | 2.5 mi |
| Transit/Subway | Drive | Walk | Distance |
| Ellesmere Rt Station - Southbound Platform (Scarborough Rt - TTC) | 4 min | 17 min | 0.9 mi |
| Lawrence East Rt Station - Southbound Platform (Scarborough Rt - TTC) | 2 min | 17 min | 0.9 mi |
| Midland Rt Station - Westbound Platform (Scarborough Rt - TTC) | 3 min | 18 min | 0.9 mi |
| Airport | Drive | Walk | Distance |
| Billy Bishop Toronto City | 29 min | - | 15.1 mi |
| Toronto Pearson International | 41 min | - | 25.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 100 |
| Type: | Surface |
| Included in Rent: | Yes |
Steven Cheng
Keller Williams Advantage Realty
Steven Cheng
Keller Williams Advantage Realty
