5 - 1680 Midland Avenue Toronto, Ontario M1P 3C6

$1,475,000

*Only sold together with the adjoining Unit at 1680 Midland Avenue 6 (MLS #E12224300)* PRICE DECREASE with further potential to negotiate price. 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 zoning allowing for a variety of uses including automotive. Floor plans available upon request. (id:61215)

Business

Business Type	Industrial
Business Sub Type	Warehouse

Property Details

MLS® Number	E12224270
Property Type	Industrial
Community Name	Dorset Park
Parking Space Total	7

Building

Bathroom Total	2
Cooling Type	None
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	2,750 Ft2
Type	Warehouse
Utility Water	Municipal Water

Land

Acreage	No
Zoning Description	E 0.7 (x192)

https://www.realtor.ca/real-estate/28475914/5-1680-midland-avenue-toronto-dorset-park-dorset-park