For Sale

1680 Midland Avenue Unit# 5, Toronto (Dorset Park), Ontario M1P3C6

$1,549,000

1680 Midland Avenue Unit# 5, Toronto (Dorset Park), Ontario M1P3C6 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 152 Days.

  • Industrial
    Property Type
  • Warehouse
    Building Type
  • 2
    Bathrooms
  • 7
    Parking Spaces
  • MLS ID: E8442878
  • Office Name KELLER WILLIAMS ADVANTAGE REALTY
Property Description

*Only sold together with the adjoining Unit at 1680 Midland Avenue 6 (MLS #E8443556)* 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. (id:43137)

Property Details
  • MLS ID: E8442878
  • Bathrooms: 2
  • Price: $1,549,000
  • Transaction Types: For Sale
  • Ref ID: 27044746
  • Year Built: N/A
  • Building Type: Warehouse
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Warehouse
Price History
List Date MLS ID List Price Status End Date Closed Price
06/14/2024 E8442878 $1,549,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Dorset Park
  • $770,606 Average List Price
    based on 1 year
  • 55 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.31 % Below
  • Sold (12mo) 154
  • Rented (12mo) 87

  • 1 Month Change +6.8%
  • 3 Month Change +5.6%
  • 6 Month Change -16.8%
Walkscore
Property Type Distribution
  • All Houses
    49.62%
  • Commercial
    13.34%
  • Condo
    36.7%
  • Land for Sale
    0.33%
Additional Details
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Total Parking Spaces: 7
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 14/06/2024 00:00:00
  • Zoning Y
  • Agent Name: STEVEN CHENG
  • Last Updated: 16/10/2024 15:16:02
Open House Dates
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