RE/MAX Performance Realty Inc.,Brokerage
 
Mississauga Homes for Sale and Mississauga Real Estate

Kennedy/Ellesmere (Toronto, Ontario, CA - M1P 2L4)
$3,000,000 Plaza for Sale


Attachments


"Investment/Income Property"
 

RE/MAX Performance Realty Inc.Brokerage


Gharnik Armenian
 
Gharnik Armenian
Email Gharnik
 
Phone: (905) 270-2000
Cell: 416-402-1296
Fax: (905) 270-0047
 
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 (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.