Valeria Zhibareva
Broker
Re/Max Realty Enterptises Inc., Brokerage, Brokerage
Independently owned and operated.
1697 Lakeshore Rd W , Mississauga, Ontario L5J 1J4
Cell: 905-599-8574Office: 905-855-2200Fax: 905-855-2201
$799,000
Available - For Sale
Listing ID: C8444056
1388 Don Mills Rd , Unit 43, Toronto, M3B 0A7, Ontario
| *Only sold together with the adjoining Unit at 1388 Don Mills Rd Unit 43 (MLS# C8443996)* This owner-occupied retail property is being offered as a leaseback, generating an attractive cap rate and capital appreciation potential with a 10+5 triple net lease being offered to the purchaser. Current owners run a successful business at the location and are looking to free up capital for expansion. Base case rent at the current list price would generate a capitalization rate of 5%! Ample parking with consistent foot traffic from the LA fitness across the street. Minutes away from 401 and Don Valley Parkway On/Off Ramp, Shops at Don Mills and Don Mills TTC Station. In the heart of the prestigious Banbury Don Mills neighbourhood where the average annual household income is over $160,000. Floor plans available upon request. |
| Price | $799,000 |
| Taxes: | $6750.30 |
| Tax Type: | Annual |
| Occupancy by: | Owner |
| Address: | 1388 Don Mills Rd , Unit 43, Toronto, M3B 0A7, Ontario |
| Apt/Unit: | 43 |
| Postal Code: | M3B 0A7 |
| Province/State: | Ontario |
| Legal Description: | UNIT 43, LEVEL 1, TORONTO STANDARD CONDO |
| Directions/Cross Streets: | York Mills Rd & Don Mills Rd |
| Category: | Commercial Condo |
| Building Percentage: | N |
| Total Area: | 550.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 550 |
| Retail Area Code: | Sq Ft |
| Financial Statement: | N |
| Chattels: | N |
| Franchise: | N |
| Days Open: | 6 |
| Hours Open: | 12 |
| Employees #: | 2 |
| Sprinklers: | Y |
| Washrooms: | 1 |
| Clear Height Feet: | 10 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Sewers: | Sanitary |
| Water: | Municipal |
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| KELLER WILLIAMS ADVANTAGE REALTY |
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Valeria Zhibareva
Broker
Dir:
905-599-8574
Bus:
905-855-2200
Fax:
905-855-2201
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Banbury-Don Mills |
| Tax: | $6,750.3 |
| Baths: | 1 |
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