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$ 3,495,000
Est. payment | /mo
2 Baths
8,980 SqFt
$ 3,495,000
Est. payment | /mo
2 Baths
8,980 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,980 sqft
Price per Sqft $389
MLS Listing ID W9392815
Annual Tax Amount $24,393
Tax Year 2024
Property Description
Priced at under $390 psf above grade & completely rebuilt in 2001, this 3 storey building located on one of the best blocks of the Junction, will generate close to a 5.5% cap rate fully leased with great upside potential. Configured as main floor retail & 10 residential apartments. Approx 3,000 sf per floor plus finished bsmt. Excellent opportunity for an investor with stable income from well-established Tenants. 3 of the prime 2 bedroom apartments will be vacant on closing allowing for a user opportunity, or for an investor to set their own rents.
Location
Province ON
County Toronto
Area Junction Area
Rooms
Kitchen 10
Interior
Heating Yes
Cooling Yes
Exterior
Utilities Available Yes
Parking Type None
Others
Security Features No
Listed by BOSLEY REAL ESTATE LTD.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN