80 Nashdene Road D78, Toronto E07, ON M1V 5E4 (Markham Rd and Nashdene Rd)

Price : $599,000.00 , MLS®# : E12633238

Description

Industrial kitchen setup for catering. Can also do take-out and delivery. Road exposure. Tenanted with lease expiring February 28, 2026. Tenant willing to remain for another 5 years. Current monthly net rent of $3,061.56 including HST. Renewal would be with 5% annual increases according to existing lease document. 5.4% cap rate based on existing net operating income.

Location Description

Markham Rd and Nashdene Rd

Property Details
  • Community: Milliken
  • Property Type: Tenant/Commercial
  • Bath: 1
  • Garages: Outside/Surface
  • Annual Property Taxes : $ 3815.47
Building Features
  • Parking Type : Outside/Surface
Building Features
  • Heating : Baseboard
Land (Lot Features)
  • Frontage: 0 sq.ft
  • Land Depth: 0sq.ft

Listing Contracted With: SUTTON GROUP-ADMIRAL REALTY INC.