1,956 ft2
Fully Air Conditioned
Forced Air
$1,385,000
Fabulous Investment opportunity - Fully Leased commercial condo! This modern commercial condo unit is ideally situated in a recently constructed plaza along The Queensway, perfectly positioned close to the QEW, Hwy 427, and Gardiner Expressway-offering unparalleled access to Toronto and Mississauga. Strategically divided into two separate, contemporary spaces, the front unit impresses with polished concrete floors, soaring 23-foot ceilings and expansive south-facing windows that flood the space with natural light. The rear unit features a grade-level garage door leading to an industrial-style space, complemented by a sleek open-concept mezzanine with custom built-in units. Currently leased to two AAA tenants, this turnkey investment generates an annual gross rental income of $78,030, with a 5% annual rent escalation, ensuring solid and growing returns. Don't miss out on this exceptional income-generating property! *Front tenant is willing to vacate if Buyer wants to use space. (id:63476)
Property Details
|
MLS® Number |
W12782860 |
|
Property Type |
Retail |
|
Community Name |
Dixie |
|
Farm Type |
Other |
Building
|
Cooling Type |
Fully Air Conditioned |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Size Interior |
1,956 Ft2 |
|
Type |
Retail |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Sewer |
Sanitary Sewer |
|
Zoning Description |
E2 Commercial/industrial/offices |