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RE/MAX Performance Realty Inc.Brokerage
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| Gharnik Armenian |
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Email Gharnik |
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Phone: |
(905) 270-2000 |
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Cell: |
6472168175 |
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Fax: |
(905) 270-0047 |
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Type: Commercial
Style:
Basement: Yes, Full
Size: 8,300 sq. ft.
Lot Type: Rectangular
Lot Size:
85.58ft x 125ft
Has Suite: Yes
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***EXCLUSIVE LISTING*** ***INVESTMENT OPPORTUNITY***
RARE FREESTANDING NEIGHBOURHOOD STRIP PLAZA IN SOUTH ETOBICOKE CLOSE TO THE LAKE.
MIXED USE CONSISTING OF:
4 STORES WITH FULL BASEMENTS (3 TENANTS)
& 5 APARTMENTS ABOVE (2-1BDRM, 2-2BDRM, & 1-3BDRM)
FANTASTIC,TURN-KEY INVESTMENT, VERY EASY TO MANAGE.
RENOVATED, AND IN EXCELLENT OVERALL CONDITION WITH EXTENSIVE CAPITAL IMPROVEMENTS IN RECENT YEARS INCLUDING: NEWER ROOF(MEMBRANE),2ND FLOOR WINDOWS,FORCED-AIR GAS FURNACES,PARKING LOT PAVED FRONT AND REAR,STUCCO FACADE & STORE CANOPIES(LIGHTED), NEW CUPBOARDS,COUNTERS AND CERAMIC FLOORING IN ALL APT KITCHENS, AS WELL AS MOSTLY ALL WASHROOMS RE-DONE; LOW FLOW TOILETS,NEW SINKS, AND CERAMIC FLOORS. NEW OUTSIDE ENRANCE DOORS TO APTS(REAR), AND MORE!
MANY LONG TERM TENANTS,ALMOST NEVER VACANT!
GREAT MONEY-MAKER WITH UPSIDE INCOME POTENTIAL.
LOTS OF ON SITE PARKING AND VERY EASY HWY AND TTC ACCESS.
RESIDENTIAL & COMMERCIAL TENANTS PAY OWN HYDRO.
GROSS APPROX. $123.5K, NET APPROX. $89.5K, OVER 6% CAP WITH STILL MORE UPSIDE!
GREAT INVESTMENT OFFERED AT $1,475,000, MOTIVATED SELLER!
LISTED EXCLUSIVELY (PRINCIPALS ONLY PLEASE)
CALL ROCKY STEFANUTO, BROKER, RIGHT AT HOME REALTY INC., FOR MORE DETAILS.
416-391-3232
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