1388 Don Mills Road Unit# 43, Toronto (Banbury-Don Mills), Ontario M3B0A7 is For Sale and has a listing price of 799,000. The property is located in the Don Mills neighbourhood. It's been on the website for 74 Days.
*Only sold together with the adjoining Unit at 1388 Don Mills Rd Unit 43 (MLS# C8443996)* This owner-occupied retail property 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. Base case rent at the current list price would generate a capitalization rate of 5%! Ample parking with consistent foot traffic from the LA fitness across the street. Minutes away from 401 and Don Valley Parkway On/Off Ramp, Shops at Don Mills and Don Mills TTC Station. In the heart of the prestigious Banbury Don Mills neighbourhood where the average annual household income is over $160,000. Floor plans available upon request. (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 06/14/2024 | C8444056 | $799,000 | For Sale | - | - |
