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Kennedy/Ellesmere (Toronto, Ontario, CA - M1P 2L4)
$3,000,000 CAD Plaza for Sale
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"Investment/Income Property"
 

Agent Network
Agent In Ontario


 
Agent in Ontario
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Phone: 613-788-2127
 
Details

Address: 1261 Kennedy Road Type: Commercial Style: Single Story "4 Seperate units" Garage: n/a "lots of parking (Plaza)" Basement: No Size: 22,660 sq. ft. "Building Size" Lot Type: Rectangular Lot Size:  53540 sq. ft.  166ft x 323ft Has Suite: Yes Year Built: 1992 Taxes: $130,000.00 CAD (2008)
 
Description

Exclusive Rare Plaza for Sale. Great investment property located in the heart of Kennedy Road business district. This plaza contains 4 units, 3 of which are leased to long term established tenants. The current capitalization rate is 6.8% and the projected cap rate based on full occupancy is 9.2%. The current mortgage with $1,540,000 principle, 7.944% interest rate and matured on 01 March 2012 MUST BE ASSUMED.

Contact us for information package.
 
Highlights

▪ Exclusive Plaza for Sale in the heart of Kennedy Road business district. Great return with established tenants. ▪ Contact us to obtain information package.
▪ Please do not go direct or contact any of the tenants.

Features
Exterior Finish
▪ Concrete Block
Cooling
▪ Central Air
Roof
▪ Asphalt
Heating
▪ Forced Air
Brokered and Advertised by:   Homelife Victory Realty Inc., Brokerage NLS#1701512
 

Information is deemed to be correct but not guaranteed.