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ROYAL LEPAGE REAL ESTATE SERVICES LTD.Brokerage*

Nawid Shoukat
Real Estate Broker
Office Phone: 905-828-1122
Direct: 416-459-6645
www.nawidshoukat.com

ROYAL LEPAGE REAL ESTATE SERVICES LTD.Brokerage*
Pic_of_house
Status:
For Sale
Property Price:
$1,050,000
Business Type:
Industrial
Property Type:
Industrial
Apt/Num:
20
Cross Street:
Derry Rd / Torbram Rd
Heating:
Gas Forced Air Open
Financial Statement:
No
Freestanding:
No
Industrial Area:
20 %
Legal Description:
Unit 20, Level 1, Peel Condominium Plan No. 404...
Sewers:
San+Storm
Total Size:
1961 Sq Ft
Type Taxes:
Annual
Zoning:
M1
Lot Size:
0 X 0 Feet
Garage/Parking Type:
Outside/Surface
Water:
Municipal
Remarks:

Great opportunity to own a 2-story commercial condo unit located in a prime airport area. Location minutes away from Pearson Airport, HWY 407, 427, 401, and 410. Great exposure and high-traffic area. Offices, reception, kitchen, washroom, and warehouse on the main level with a drive-in door. The unit on the main floor has a reception, 2 offices, a bathroom, a kitchen, and a warehouse area with a drive-in door. The second-floor unit consists of reception, 2 offices, a bathroom, an open area, and outdoor space. The main level has a courier/logistic business operated by a Tenant on a 5-year NNN lease of $44,678 (All In). The upper floor with a separate entrance, currently vacant can generate a monthly Gross Rent of $2,500 plus HST. Main floor access from front and rear. Access to both levels with separate entrances/ Perfect for an investor or end user.

Professional office and clean light industrial uses are permitted subject to approval by the city and the condo board.

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Nawid  Shoukat, Real Estate Broker

ROYAL LEPAGE REAL ESTATE SERVICES LTD.Brokerage*

Nawid Shoukat
Real Estate Broker
Office Phone: 905-828-1122
Direct: 416-459-6645
www.nawidshoukat.com

ROYAL LEPAGE REAL ESTATE SERVICES LTD.Brokerage*
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