101 - 4438 Sheppard Avenue E Toronto, Ontario M1S 5V9

6,805 ft2
Fully Air Conditioned Forced Air

$2,400,000

.This 6,000+ Sq Ft retail space located on the main floor of the Oriental Centre is now available for sale, offering an attractive, hassle-free investment opportunity. With an established tenant in place, the tenant is currently paying net rent of $136,000 annually, providing a solid 6% return, along with covering all T.M.I. (Taxes, Maintenance, and Insurance) expenses. Situated at the highly desirable intersection of Brimley Rd and Sheppard Ave E., this property stands out with a remarkable 10% cap rate. Ample underground and surface parking further enhance the appeal of this investment, allowing you to start earning immediately while enjoying a strong, stable return on your investment. **** EXTRAS **** Do not go direct. PIN NUMBERS: Suite1-2 126440002, Other1 - 1126440001, Other1 - 59126440059 (id:46421)

Business

Business Type Retail and Wholesale
Business Sub Type Retail misc.

Property Details

MLS® Number E9259434
Property Type Retail
Community Name Agincourt South-Malvern West
Features Elevator

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 6,805 Ft2
Utility Water Municipal Water

Parking

Underground

Land

Acreage No
Zoning Description Commercial-retail

https://www.realtor.ca/real-estate/27304580/101-4438-sheppard-avenue-e-toronto-agincourt-south-malvern-west-agincourt-south-malvern-west

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