4000 sqft
Partially Air Conditioned
Radiant Heat
$2,450,000
Updated And Fully Leased Corner Property With 3 Commercial and 1 Residential Tenant + Signage Income From Billboard. Property Generates Approx $88K Gross Income In Year 1, For Approx $75K Net income (Buyer To Verify). Rent Escalates Year Over Year And All Commercial Tenants Are In First Year Of Their 5 Year Term. Residential Tenant Occupies Large Renovated 3 Bedroom Apartment On 2nd Floor With Covered Deck/Terrace And Pays $3,500.00 Per Month + Hydro. Billboard Is Generating $2,850/yr With Escalations. Year 2 Net Rent Is Approx. $80K, Year 3 $85K, Year 4 $90K, Year 5 $95K.**** EXTRAS **** Fridge, Stove. (id:50810)
Property Details
MLS® Number
|
C6692740 |
Property Type
|
Retail |
Community Name
|
Oakwood Village |
Building
Cooling Type
|
Partially Air Conditioned |
Heating Type
|
Radiant Heat |
Size Interior
|
4000 Sqft |
Type
|
Residential Commercial Mix |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Size Irregular
|
21.5 X 99 Ft |
Size Total Text
|
21.5 X 99 Ft |
https://www.realtor.ca/real-estate/25872701/2-rogers-rd-toronto-oakwood-village