101 - 4438 Sheppard Avenue E Home For Sale Toronto (Agincourt South-Malvern West), Ontario M1S 5V9
E9259434
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$2,400,000
.This 6,000+ Sq Ft retail space located on the main floor of the Oriental Centre is now available for sale, offering an attractive, hassle-free investment opportunity. With an established tenant in place, the tenant is currently paying net rent of $136,000 annually, providing a solid 6% return, along with covering all T.M.I. (Taxes, Maintenance, and Insurance) expenses. Situated at the highly desirable intersection of Brimley Rd and Sheppard Ave E., this property stands out with a remarkable 10% cap rate. Ample underground and surface parking further enhance the appeal of this investment, allowing you to start earning immediately while enjoying a strong, stable return on your investment. **** EXTRAS **** Do not go direct. PIN NUMBERS: Suite1-2 126440002, Other1 - 1126440001, Other1 - 59126440059 (id:34792)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Retail misc. |
Property Details
| MLS® Number | E9259434 |
| Property Type | Retail |
| Community Name | Agincourt South-Malvern West |
| Features | Elevator |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 6805 Sqft |
| Utility Water | Municipal Water |
Parking
| Underground |
Land
| Acreage | No |
| Zoning Description | Commercial-retail |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
October 21 2024 11:00:34
Toronto Real Estate Board
Homelife/local Real Estate Ltd.
