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$2,999,000
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 $2,999,000
Taxes: $17,731
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 5318 Finch Ave East , Unit 1-4, Toronto, M1S 5G2, Ontario
Apt/Unit: 1-4
Postal Code: M1S 5G2
Province/State: Ontario
Directions/Cross Streets: Finch E and Markham Rd
Zoning: Industrial
Category: Industrial Condo
Building Percentage: N
Total Area: 5,991
Total Area Code:  Sq Ft
Office/Appartment Area: 5
Office/Appartment Area Code: %
Industrial Area: 95
Office/Appartment Area Code: %
Sprinklers: Y
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: Part
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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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 Ave East , Unit 1-4, Toronto, M1S 5G2, Ontario

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Industrial
Area: Toronto
Municipality: Toronto
Neighbourhood: Milliken
Style:
Lot Size: 0.00 x 0.00(Acres)
Approximate Age:
Tax: $17,731
Maintenance Fee: $0
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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