3272 Midland AVE #B117 new

Toronto E07,ON M1V 0C7

$ 380000

- Bed

1 Bath

469 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 469 sqft

Price per Sqft $810

Subdivision Milliken

MLS Listing ID E12417496

Condo Fees $350

Annual Tax Amount $3,965

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Great Location! Great Investment Opportunity! A Commercial Unit At Skycity Outdoor Shopping Centre At Most Of The Busy Interaction Of Finch/Midland, Steps To Ttc, Easy Access To Hwy401/404, Lots Of Free Parking, Suitable For Investor Looing For Good Tenant and Rental Return. Buyer Has To Assume The Existing 5 Year Lease To Be Ended on August 31,2030 With A Cap Rate Of Return About 5.56%. The Unit Has Been Fully Renovated & Equipped For The Business Of a Tea Shop Which Has Been Operating Successfully For Almost 10 Years With a 2-Pcs Washroom. Current Gross Rent $2,442.71 + HST.

Location

Province ON

County Toronto

Community Milliken

Area Toronto

Interior

Heating Yes

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Available

Others

Security Features Yes

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