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$ 3,899,000
Est. payment | /mo
4,262 SqFt
$ 3,899,000
Est. payment | /mo
4,262 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,262 sqft
Price per Sqft $914
Subdivision Chatham
MLS® Listing ID X12177198
Source Toronto Regional Real Estate Board
Property Description
An exceptional investment opportunity to acquire a strategic piece of property in a high-traffic area with stable high return. Almost 1 acre land features with gas bar, car wash, oil change since 2008, located in a very busy intersection. The property leased out with great tenant for 20 years long term agreement. Carefree ownership, rent income from day one. The capital rate is over 6.5%. CoC return is over 12% based on the 35% mortgage down payment. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Private Pool No
Listed by HOMELIFE LANDMARK REALTY INC.
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