For Sale

1680 Midland Avenue Unit# 6, Toronto E04, Ontario M1N 3C6

$1,549,000

1680 Midland Avenue Unit# 6, Toronto E04, Ontario M1N 3C6 is For Sale and has a listing price of 1,549,000. The property is located in the Dorset Park neighbourhood . It's been on the website for 59 Days.

  • Industrial
    Property Type
  • 2
    Bathrooms
  • MLS ID: E8443556
  • Office Name KELLER WILLIAMS ADVANTAGE REALTY
Property Description

*Only sold together with the adjoining Unit at 1680 Midland Avenue 5 (MLS# E8442878)* This owner-occupied industrial warehouse is being offered as a leaseback, generating an attractive cap rate and capital appreciation potential with a 10+5 triple net lease being offered to the purchaser. Current owners run a successful business at the location and are looking to free up capital for expansion. A true chance to set your own returns as an investor as the new lease will be negotiated directly with the current owners of the property. Well designed rectangular layout with front office/reception area with 2 washrooms. 7 exclusive parking spots and included with each unit. Minutes away from 401 On/Off Ramp and currently zoned as a Vehicle Service Shop with floor plans available upon request.

Property Details
  • MLS ID: E8443556
  • Bathrooms: 2
  • Price: $1,549,000
  • Lot Depth: 97.9
  • Transaction Types: For Sale
  • Ref ID: E8443556
  • Year Built: N/A
  • Dir / Cross St: Midland Avenue & Ellesmere Rd
  • Status: Active
  • Tax Year: 2023
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
06/14/2024 202510752 $1,549,000 -
06/14/2024 E8443556 $1,549,000 For Sale -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Dorset Park
  • $788,399 Average List Price
    based on 1 year
  • 53 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.63 % Below
  • Sold (12mo) 145
  • Rented (12mo) 118

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    46.41%
  • Commercial
    12.11%
  • Condo
    41.26%
  • Land for Sale
    0.22%
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 7
  • Taxes: $10,992
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 14/06/2024 19:41:32
  • Property Mgmt Co: Capitalink Property Management Ltd
Want to see this property?