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$1,050,000
Baths: 8
MLS© ID: W2261871
Excellent Investment Opportunity With Net Operating Income Of $69580 Per Annum That Is Huge 7% Cap Rate At The Asking. Excellent Old Lease Almost 18 Months In Place With Current Tenant. The Unit Is Located At Extremely Busy Intersection With Full Exposure To Steeles And Torbram.
Extras: 120 Feet Of Frontage As This Is A Corner Unit. Unit Leased To Chickfelays Portugese Cuisine. The Highest Cap Rate On Your Investment At Best Location.
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Commercial Property Details
List Price
$1,050,000
Address
2565 Steeles Ave E Brampton ,
ON
Directions/Cross Streets
Steeles/Torbram
Standard Info
Directions/Cross Streets: Steeles/TorbramLot Size Code: FeetTaxes: 15850.00Tax Year: 2011Property #: W2261871Sale/Lease: SaleCountry: CanadaProvince: OntarioMunicipality: BramptonApt / Unit #: 18
Description
Area Influences1: Major HighwayArea Influences2: Public TransitGarage Type: Outside/SurfaceLegal Description: Pcc 473 Unit 18 Level 1Lot Depth: 80.00Lot Front: 40.00Lot Irregularities: IrregularType: Commercial/Retail
Commercial Info
Category: Multi-UseChattels: YClear Height Feet: 16.00Employees: 8Financial Statement: YFranchise: NFreestanding: NLot/Bldg/Unit Code: LotRail: NRetail Area: 4212Retail Area Code: Sq FtSeats: 192Sprinklers: YTotal Area: 4212.00Total Area Code: Sq FtType Taxes: AnnualUse: OtherUtilities: A
Utilities
Air Conditioning: YHeat Type: Gas Forced Air OpenSewers: San+StormWater: Municipal
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