Investment Opportunity: 73 Underground Parking Spots And A Commercial Office With Many Permitted Uses. Amazing Income Potential. 5% Seller Take Back Mortgage Available With A Good Down Payment. **** EXTRAS **** 9.2 % Potential Cap Rate. Income Potential: 73 Parking Spots X $7,300 Per Month + 1 Office Rental $950 Per Month. Potential Annual Income: $99,000. Annual Expenses: $7,200. Appraisal Available Upon Request. (id:58043)
MLS® Number | N9043986 |
Property Type | Office |
Neigbourhood | Steeles Corners |
Community Name | Royal Orchard |
AmenitiesNearBy | Public Transit |
FarmType | Other |
ParkingSpaceTotal | 73 |
CoolingType | Fully Air Conditioned |
HeatingType | Other |
SizeInterior | 368 Sqft |
Type | Offices |
Underground |
Acreage | No |
LandAmenities | Public Transit |
SizeDepth | 7.52 M |
SizeFrontage | 4.83 M |
SizeIrregular | Unit=4.83 X 7.52 M |
SizeTotalText | Unit=4.83 X 7.52 M |
ZoningDescription | Office |
Contact us for more information
Jim Common
Broker of Record