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$2,249,000

297 OLD KINGSTON RD Toronto Ontario M1C1B4 Canada Listing ID: E4322088
Bedrooms: 0
Bathrooms: 0
Property Type: Retail
Building Type:

Property Description

Excellent Investment Opportunity. Corner Freestanding Property In Very Good Condition. Over 5000 Sq Ft + Finished Lower Level. Main / Lower Level Leased Till June 30, 2022 To Montessori School With 2 Five Year Options ($7,000 Till April 30, 2019 Then $8,000 / Month Till June 30, 2022. Upper Level 2 Renovated 2 Bedroom Apartments At $1475 / Mo Each Net. Collect Excellent Rent While You Wait For Future Development Opportunities.
**** EXTRAS **** Cap Rate Of 4.43% Rises To 5% May 1, 2019. New Roof 2016. 17 Parking Spots In Front + More On Rear Ramp.

Building Details

Cooling Type Fully air conditioned
Fireplace Present
Size Interior 5074 sqft
Utility Water Municipal water

Additional Information

Features 0
Ownership 0
Parking
Transaction For sale
Land
  • Size Total Text: Unit=124.08 x 132 FT ; Per Mpac And Per Survey
  • Acreage:
  • Amenities: Highway, Public Transit
  • Size Irregular: Unit=124.08 x 132 FT ; Per Mpac And Per Survey
Listed by: RE/MAX HALLMARK REALTY LTD.. The listing data is deemed reliable but is not guaranteed accurate.

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