| Message Number | 404597 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| status | Active | ||||||||
| Subject Line | Retail + residential building in Etobicoke. Restaurant business in the building to be sold first. Asking $4.2 mil. | ||||||||
| Business area |
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| Location, City | Etobicoke | ||||||||
| Have/Want | Have | ||||||||
| Business category | Shopping Centres/Strip Plazas/Retail Commercial Buildings/Hotels/Motels Office & Medical Buildings Sites Commercial and Industrial Apartment buildings/multi unit/condo townhouse projects/investments |
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| Date of Listing | February 11 2022 | ||||||||
| Type Description | Investment property | ||||||||
| Location | Etobicoke | ||||||||
| Price | $4,200,000.00 | ||||||||
| Price Comment | Fully leased + potential | ||||||||
| Size | 11,000 sq ft | ||||||||
| Gross Income | 276,000 | ||||||||
| Net Income | 246,500 | ||||||||
| Cap Rate | 5.9% | ||||||||
| Comments | First 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 Identifier | 8728 | ||||||||
| Explain Client's Motivation | Retiring | ||||||||
| Control | Exclusive | ||||||||
| Name | Alina Spektor | ||||||||
| Title | Sales Representative | ||||||||
| Company Name | Re/Max West Experts | ||||||||
| Address Line One | 3582 Major Mackenzie Dr. W, #204 | ||||||||
| City | Vaughan | ||||||||
| State/Province | Ontario | ||||||||
| Zip/Postal Code | L4H 3T6 | ||||||||
| Country | Canada | ||||||||
| Business Phone Number | (905)499-8800 | ||||||||
| Cell Number | 647-864-2700 | ||||||||
| Home Number | 647-864-2700 | ||||||||
| FAX Number | 905-553-5020 | ||||||||
| Email Address | Send Email | ||||||||
| Home Page | Home Page |
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