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W7268856
$5,850,000

355 Rexdale Blvd (Rexdale Blvd./Tidemore Ave.)

Price: $5,850,000

Status: For Sale 

MLS®#: W7268856

$5,850,000
  • Tax: $36,838/Annual (2023)
  • Community:West Humber-Clairville
  • City:Toronto
  • Type:Commercial
  • Style:Investment
  • Size: 9,660 Sq Ft
  • Basement:Y
  • Garage:Outside/Surface
  • Age:6-15 Years Old

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsMunicipal
  • Extra FeaturesStorage

Listing Contracted With: ROYAL LEPAGE FLOWER CITY REALTY

Description

Rare Excellent Well Maintained With Great Street Frontage Exposure Fully Leased Industrial Investment Sale Being Offered At A 6% Cap Rate. This Property Is Newly Multi-Tenanted With 3 New Tenants In Place; Unit 1: Repair Shop Tenant Lease: Aug 1, 2023 - Jul 31, 2026, Unit 2: Two Bay Oil Change Tenant Lease: Aug 1, 2022 - Jul 31,2032. Unit 3: Truck Wash Tenant Lease: Nov 1, 2023 - Oct 31, 2026. All Leases Have Renewal Option. Unit 2 & 3 Can Be Provided Vacant For Two Bay Truck Oil Change & Truck Wash & Truck Repair Building.


Highlights

Recent July 2021 Clean Environmental Reports And Bca. Building In Great Condition. Buyer And Buyer's Agent To Verify All Information.

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Sumit Chopra

Broker, SRES®

Royal LePage Flower City Realty

Web4Realty

Real Estate Websites by Web4Realty

https://web4realty.com/