**Investment Opportunity - Established Tenant with Strong Net Income** Excellent commercial investment with a **monthly net rent income of $12,000**. Long-standing **convenience store tenant operating for 26 years**. Current lease term: **5 years + 5-year renewal option**. Great tenant with a stable business history. The business is also available for purchase as an option. Ideal for investors seeking a **turnkey, income-producing property** with minimal management required. Prime location with strong foot traffic and community presence. Upper 3-bedroom unit, full-sized basement, and outdoor 2-bedroom unit. Cooperative Agent/Broker Has To Verify Property Taxes and Measurements. |
Price | $2,500,000 |
Taxes: | $14500.00 |
Tax Type: | Annual |
Monthly Condo Fee: | $0 |
Occupancy: | Owner+T |
Address: | 237 Park Lawn Road , Toronto, M8Y 3J3, Toronto |
Postal Code: | M8Y 3J3 |
Province/State: | Toronto |
Legal Description: | PCL 4-1, SEC M428 ; LT 4, PL M428 , BEIN |
Directions/Cross Streets: | The Queensway / Park Lawn |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 | |
Washroom Type 11 | 0 | |
Washroom Type 12 | 0 | |
Washroom Type 13 | 0 | |
Washroom Type 14 | 0 | |
Washroom Type 15 | 0 |
Category: | Multi-Use |
Use: | Retail Store Related |
Building Percentage: | T |
Total Area: | 4800.00 |
Total Area Code: | Square Feet |
Office/Appartment Area: | 1300 |
Office/Appartment Area Code: | Sq Ft |
Retail Area Code: | Sq Ft |
Chattels: | T |
Franchise: | F |
Days Open: | O |
Sprinklers: | No |
Washrooms: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Yes |
Sewers: | Sanitary+Storm |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
POWER 7 REALTY |
|
Book Showing | Email a Friend |
Type: | Com - Commercial Retail |
Area: | Toronto |
Municipality: | Toronto W07 |
Neighbourhood: | Stonegate-Queensway |
Tax: | $14,500 |
Fireplace: | N |