March 22, 2019  
Listing Detail   

$2,249,000

For Sale
 
MLS® No:
E4322088
Intersection:
Kingston Rd / Military Trail
Community:
Centennial Scarborough
Address:
297 Old Kingston Rd, Toronto, Ontario, Canada, M1C1B4
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  • E4322088 photo
  • E4322088 photo
  • E4322088 photo
  • E4322088 photo
  • E4322088 photo
  • E4322088 photo
  • E4322088 photo
  • E4322088 photo

Features

Property Type:
Commercial/Retail
Land Size:
124.08 X 132Feet
Approximate Square Footage:
5074Sq Ft
Office Area:
1872Sq Ft
Possession:
60 Days / Tba
Annual Property Taxes (estimate):
$14,029.74 / 2018 Tax Year Annual
Basement:
Y
Garage Type:
None
#Parkings:
17
Heat Type:
Gas Hot Water
Sprinklers:
N
Outside Storage:
Y
Central AC:
Y
Zoning:
Commercial / Residential
Excellent Investment Opportunity. Corner Freestanding Property In Very Good Condition. Over 5000 Sq Ft + Finished Lower Level. Main / Lower Level Leased Till June 30, 2022 To Montessori School With 2 Five Year Options ($7, 000 Till April 30, 2019 Then $8, 000 / Month Till June 30, 2022. Upper Level 2 Renovated 2 Bedroom Apartments At $1475 / Mo Each Net. Collect Excellent Rent While You Wait For Future Development Opportunities.
Cap Rate Of 4. 43% Rises To 5% May 1, 2019. New Roof 2016. 17 Parking Spots In Front + More On Rear Ramp.
Listing Contracted With: RE/MAX Hallmark Realty Ltd., Brokerage (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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Adnan HashmiBroker of RecordDirect: (647)885-6364Bus: (905)796-1127
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Wolf Realty Inc., Brokerage, Independently Owned & Operated