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$14,888,000
Available - For Sale
Listing ID: W12230268
Investment property for sale, 950 Albion RD--Strip plaza/Retail, 2 tenants only. Grow Fitness for sale; tenant #1Grow Fitness- 13,850 sq. ft plus patio (not calculated extra sq.ft.); tenant #2 Basement is 17,500 sq. ft Basement. Tenant just spent close to 1 million to set up Play Place ( Kids and Adults), Training. Tenants pay HST on top of Rent Lease attached. TMI is $10,500 per $39,500 Net (950 Albion )$15,000 Net ( 960 Albion) = x 12 =$654,000 Tenants pay TMI: Taxes estimated at $ 5 x 14,000 sq. ft = $ 70,000 per year estimate. Utilities , CAM, = $ 4 x 14,000sqft = $ $50,000 per year estimate, Redevelopment potential of 300 units potential on site and main floor retail
Price $14,888,000
Taxes: $69,251
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 950 Albion Road East , Toronto, M9V 1A7, Toronto
Postal Code: M9V 1A7
Province/State: Toronto
Directions/Cross Streets: Islington and Albion Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Building Percentage: F
Total Area: 31,350
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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RIGHT AT HOME REALTY

950 Albion Road East , Toronto, M9V 1A7, Toronto


 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto W10
Neighbourhood: Thistletown-Beaumonde Heights
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Lot Size: x 31350.00(Feet)
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Tax: $69,251
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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