Industrial For Sale - 1680 Midland Ave, Toronto, Ontario M1N 3C6

location_on 1680 Midland Ave, Toronto

Industrial

1680 Midland Ave

Toronto, Ontario M1N 3C6

$1,549,000

For Sale

Property Information

*Only sold together with the adjoining Unit at 1680 Midland Avenue 5 (MLS# E8442878)* This owner-occupied industrial warehouse 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. A true chance to set your own returns as an investor as the new lease will be negotiated directly with the current owners of the property. Well designed rectangular layout with front office/reception area with 2 washrooms. 7 exclusive parking spots and included with each unit. Minutes away from 401 On/Off Ramp and currently zoned as a Vehicle Service Shop with floor plans available upon request.

Basic Details
Property Type : Industrial
Listing Type : For Sale
Listing ID : E8443556
Price : $1,549,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 4
Address
Postal Code : M1N 3C6
City : Toronto
Street : Midland
Street Number : 1680
Street Suffix : Ave
Floor Number : 0
Longitude : W80° 43' 51.1''
Latitude : N43° 45' 31.8''
Features
Heating System : Gas Forced Air Open
Parking : 7
Brokerage
Office Name : KELLER WILLIAMS ADVANTAGE REALTY
Extra Information
address/unit_number : 6
Air Conditioning : N
Area : Toronto
living_area : 0
living_area_unit : Sqft
Community : Dorset Park
Lease : Sale
Tax Year : 2023

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1680 Midland Ave Toronto, Ontario M1N 3C6