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$2,695,000
Available - For Sale
Listing ID: E11993831
Rare user/investor opportunity to purchase an industrial condominium unit in North Scarborough with quick access to Highway 401 and 407, public transit, and local amenities. The property is 5,991sf with 17' clear height, 3 truck-level doors that can accommodate 53' trailers. The property is currently tenanted. Tenant is paying $159,135 net per annum with 3% yearly escalation until Jan 23, 2028 with no options to renew. Strong investment return with the option in 3 years to take possession for an owner user
Price $2,695,000
Taxes: $17,731
Tax Type: Annual
Assessment Year: 2024
Monthly Condo Fee: $1866
Occupancy by: Tenant
Address: 5318 Finch Aven East , Toronto, M1S 5G2, Toronto
Postal Code: M1S 5G2
Province/State: Toronto
Directions/Cross Streets: Finch E and Markham Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Industrial Condo
Building Percentage: F
Total Area: 5,991
Total Area Code:  Square Feet
Office/Appartment Area: 5
Office/Appartment Area Code: %
Industrial Area: 95
Office/Appartment Area Code: %
Maintenance: 0
Sprinklers: Yes
Rail: N
Clear Height Feet: 17
Truck Level Shipping Doors #: 3
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Partial
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

5318 Finch Aven East , Toronto, M1S 5G2, Toronto


 
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At a Glance:
Type: Com - Industrial
Area: Toronto
Municipality: Toronto E07
Neighbourhood: Milliken
Style:
Lot Size: 0.00 x 0.00(Acres)
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Tax: $17,731
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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