9
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$2,999,000
Est. payment /mo
5,991 SqFt
Active
5318 Finch AVE E #1-4 Toronto E07, ON M1S 5G2
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,991 sqft
Price per Sqft $500
Subdivision Milliken
MLS Listing ID E11993831
Condo Fees $1,866
Annual Tax Amount $17,731
Tax Year 2024
Property Sub-Type Industrial
Property Description
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
Location
Province ON
County Toronto
Community Milliken
Area Toronto
Interior
Cooling Partial
Exterior
Utilities Available Yes
Others
Security Features Yes
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP