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MLS® E13209112

  • Property Details
  • Map

Description

Offering an attractive 5.3% year one cap rate with annual rental escalations from the retail tenant, this turnkey mixed-use investment presents secure and growing cash flow in Toronto's highly sought-after Upper Beaches neighbourhood! Fully renovated asset featuring a long-standing convenience store tenant on a triple net lease, minimizing landlord responsibilities and providing stable long-term income! The property includes 1, 687 SF of renovated retail space along with a spacious 2-bedroom second floor apartment featuring a large private deck, providing stable supplemental residential income. Extensive upgrades completed including storefront windows, entry doors, flooring, and electrical improvements. Ideal passive investment with low management intensity and strong income stability! This one is worth checking out!Show Description

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage None
Taxes $13,218
Days Active 88
MLS® Number E13209112
Central VacNo
FireplaceNo
GarageNone
DrivewayGarage Type:None
HeatGas Hot Water
A/CYes

Additional Information

Zoning CR 2.0 (cl.0 ; r1.5) ss2 (x1988)

Price History

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  • Commute

Commute

Starting Address
Destination Address
964 Kingston Rd, Toronto, ON

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