Message Number406046
statusActive
Subject LineRetail + residential building in Etobicoke. Restaurant business in the building must be sold first. Asking $4.2 mil.
Business area
Canada
Ontario
Greater Toronto area
Etobicoke
Location, CityEtobicoke
Have/WantHave
Business categoryShopping Centres/Strip Plazas/Retail
Commercial Buildings/Hotels/Motels
Office & Medical Buildings
Sites Commercial and Industrial
Apartment buildings/multi unit/condo townhouse projects/investments
Date of ListingApril 13 2022
Type DescriptionInvestment property
LocationEtobicoke
Price$4,200,000.00
Price CommentFully leased + potential
Size11,000 sq ft
Gross Income276,000
Net Income246,500
Cap Rate5.9%
CommentsFirst time in 30 years offered for sale. Fully leased retail + residential (possible future office) building. Asking $4.2 mil. 1/3 of the building is a well-known restaurant, owned by the owner of the building who's retiring. Once the restaurant is sold, the building will be sold next.
Internet Links
Member Identifier8728
Explain Client's MotivationRetiring
ControlExclusive
NameAlina Spektor
TitleSales Representative
Company NameRe/Max West Experts
Address Line One3582 Major Mackenzie Dr. W, #204
CityVaughan
State/ProvinceOntario
Zip/Postal CodeL4H 3T6
CountryCanada
Business Phone Number(905)499-8800
Cell Number647-864-2700
Home Number647-864-2700
FAX Number905-553-5020
Email AddressSend Email
Home PageHome Page

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