Message Number399390
statusSold
Subject LineSOLD. Toronto Downtown. Investment. Commercial condo for sale with secured 3-year lease. 406 sf. Asking $265,000. 6% cap rate. Next to new proposed IKEA store
Business area
Canada
Ontario
Greater Toronto area
Toronto
Location, CityDowntown Toronto
Have/WantHave
Business categoryShopping Centres/Strip Plazas/Retail
Office & Medical Buildings
Business Opportunities
Net Leased Investment
Date of ListingJuly 4 2021
Type DescriptionCommercial condo with secured 3-year lease
Price$265,000.00
Price Comment6% cap rate
Size406 sf
Cap Rate6%
CommentsToronto Downtown. Investment. Commercial condo for sale with secured 3-year lease. 406 sf. Asking $265,000. 6% cap rate.
Next to new proposed IKEA store
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Member Identifier312
Clients ObjectiveRecognize Value
Client Willlease Back/Guarantee Income
Explain Client's MotivationRecognize value
Broker's Recommendation5% commission to co-op broker
ControlRegular Client
NameItamar Teich, B.Eng.,MBA
TitleSales Representative
Company NameSutton Group-Admiral Realty Inc., Brokerage
Address Line One1206 Centre Street
CityThornhill
State/ProvinceOntario
Zip/Postal CodeL4J 3M9
CountryCanada
Business Phone Number(416)739-7200
Cell Number(416)823-8735
FAX Number(416)739-9367
Email AddressSend Email
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