237 Park Lawn Road Toronto, Ontario M8Y 3J3
$2,500,000
**Investment Opportunity - Established Tenant with Strong Net Income** Excellent commercial investment with a **monthly net rent income of $12,000**. Long-standing **convenience store tenant operating for 26 years**. Current lease term: **5 years + 5-year renewal option**. Great tenant with a stable business history. The business is also available for purchase as an option. Ideal for investors seeking a **turnkey, income-producing property** with minimal management required. Prime location with strong foot traffic and community presence. Upper 3-bedroom unit, full-sized basement, and outdoor 2-bedroom unit. Cooperative Agent/Broker Has To Verify Property Taxes and Measurements. (id:50886)
Business
Business Type | Retail and Wholesale |
Business Sub Type | Retail misc. |
Property Details
MLS® Number | W12324177 |
Property Type | Retail |
Community Name | Stonegate-Queensway |
Building
Cooling Type | Fully Air Conditioned |
Heating Fuel | Natural Gas |
Heating Type | Other |
Size Exterior | 4800 Sqft |
Size Interior | 4,800 Ft2 |
Utility Water | Municipal Water |
Land
Acreage | No |
Size Depth | 120 Ft |
Size Frontage | 40 Ft |
Size Irregular | Bldg=40 X 120 Ft |
Size Total Text | Bldg=40 X 120 Ft |
Zoning Description | Commercial/residential |
Contact Us
Contact us for more information
James Mak
Salesperson
www.power7realty.com/James-Mak
www.facebook.com/james.mak.583
25 Brodie Drive #2
Richmond Hill, Ontario L4B 3K7
(905) 770-7776
Ali Reza Davari
Broker
25 Brodie Drive #2
Richmond Hill, Ontario L4B 3K7
(905) 770-7776