101 - 4438 Sheppard Avenue E Toronto, Ontario M1S 5V9
$2,400,000
.This 6,000+ Sq Ft retail space located on the main floor of the Oriental Centre is now available for sale, offering an attractive, hassle-free investment opportunity. With an established tenant in place, the tenant is currently paying net rent of $136,000 annually, providing a solid 6% return, along with covering all T.M.I. (Taxes, Maintenance, and Insurance) expenses. Situated at the highly desirable intersection of Brimley Rd and Sheppard Ave E., this property stands out with a remarkable 10% cap rate. Ample underground and surface parking further enhance the appeal of this investment, allowing you to start earning immediately while enjoying a strong, stable return on your investment. **** EXTRAS **** Do not go direct. PIN NUMBERS: Suite1-2 126440002, Other1 - 1126440001, Other1 - 59126440059 (id:50886)
Business
| BusinessType | Retail and Wholesale |
| BusinessSubType | Retail misc. |
Property Details
| MLS® Number | E9259434 |
| Property Type | Retail |
| Community Name | Agincourt South-Malvern West |
| Features | Elevator |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 6805 Sqft |
| UtilityWater | Municipal Water |
Parking
| Underground |
Land
| Acreage | No |
| ZoningDescription | Commercial-retail |
Interested?
Contact us for more information
Mofiz Rahman
Broker
1058 Bloor Street West
Toronto, Ontario M6H 1M3
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October 21 2024 11:00:34
Toronto Real Estate Board
Homelife/local Real Estate Ltd.