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$1,098,000
Available - For Sale
Listing ID: E13567224
Excellent Commercial Retail Investment Opportunity In A Prime Scarborough Commercial Plaza China City directly across from 24hr Asia Foodmart! Approx. 915 Sq Ft Retail Unit In A Modern Mixed-Use Commercial Building Only 2 Years New. Strong Investment With Established Tenant In PlacePaying $6296.05 Total including HST (3,663.60 Per Month Net $43,963.20 Annually) Based On $48.00/Sq Ft Base Rent, With Lease In Place Until July 31, 2031. Stable Long-Term Income With Excellent Investment Potential. Strategically Located At Silver Star Blvd & Midland Ave In One Of Scarborough's Busiest Commercial Corridors With Excellent Exposure, Strong Daily Traffic & Ample Surface Parking. Surrounded By Established Retail, Restaurants, Professional Offices, Warehouses & Industrial Businesses Generating Consistent Customer Traffic. Convenient Access To TTC Transit, Finch Ave E, Steeles Ave E, Kennedy Rd, Midland Ave, McNicoll Ave, Highway 401 & Highway 404. Minutes To Milliken GO Station, Pacific Mall, Market Village, Splendid China Mall, Woodside Square, Costco, Home Depot & Numerous Restaurants, Retailers & Professional Services. Excellent Opportunity For Investors Seeking Stable Cash Flow In A High-Demand Commercial Plaza
Price $1,098,000
Taxes: $7,291.78
Tax Type: Annual
Monthly Condo Fee: $995
Occupancy by: Tenant
Address: 390 Silver Star Boulevard , Toronto, M1V 0G5, Toronto
Postal Code: M1V 0G5
Province/State: Toronto
Legal Description: UNIT 30, LEVEL 1, TORONTO STANDARD CONDO
Directions/Cross Streets: Mcnicoll & Midland
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Retail
Use: Hospitality/Food Related
Building Percentage: F
Total Area: 915
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Approximatly Age: 0-5
Maintenance: 0
Sprinklers: Yes
Clear Height Feet: 17
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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HOMELIFE LANDMARK RH REALTY

390 Silver Star Boulevard , Toronto, M1V 0G5, Toronto

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E07
Neighbourhood: Milliken
Style:
Lot Size: x 50.00(Feet)
Approximate Age: 0-5
Tax: $7,291.78
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908