Commercial/retail For Sale - 4438 Sheppard Ave, Toronto, Ontario M1S 5

location_on 4438 Sheppard Ave, Toronto

Commercial/retail

4438 Sheppard Ave

Toronto, Ontario M1S 5V9

$2,400,000

For Sale

Property Information

.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.

Basic Details
Property Type : Commercial/retail
Listing Type : For Sale
Listing ID : E9259434
Price : $2,400,000
Year Built : 0
Lot Area : 0 Sqft
Status : A
Days On Market : 68
Address
Postal Code : M1S 5V9
City : Toronto
Street : Sheppard
Street Number : 4438
Street Suffix : Ave
Floor Number : 0
Longitude : W80° 43' 54.8''
Latitude : N43° 47' 17.5''
Features
Heating System : Gas Forced Air Closd
Elevator : Public
Brokerage
Office Name : HOMELIFE/LOCAL REAL ESTATE LTD.
Extra Information
address/street_dir_suffix : E
address/unit_number : 101
Air Conditioning : Y
Area : Toronto
living_area : 0
living_area_unit : Sqft
Community : Agincourt South-Malvern West
Extras : Do not go direct. PIN NUMBERS: Suite1-2 126440002,
Lease : Sale
Street Direction : E
Tax Year : 2024

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4438 Sheppard Ave Toronto, Ontario M1S 5V9