101 4438 Sheppard Avenue E, Toronto
- Living area: 6805 square feet
- Type: Commercial
- Added: 79 days ago
- Updated: 13 days ago
- Last Checked: 1 hours ago
.This 6,000+ Sq Ft retail space located on the main floor of the Oriental Centre is now available for sale, offering an attractive, hassle-free investment opportunity. With an established tenant in place, the tenant is currently paying net rent of $136,000 annually, providing a solid 6% return, along with covering all T.M.I. (Taxes, Maintenance, and Insurance) expenses. Situated at the highly desirable intersection of Brimley Rd and Sheppard Ave E., this property stands out with a remarkable 10% cap rate. Ample underground and surface parking further enhance the appeal of this investment, allowing you to start earning immediately while enjoying a strong, stable return on your investment.
Property Details
- Cooling: Fully air conditioned
- Heating: Forced air, Natural gas
Interior Features
- Living Area: 6805
Exterior & Lot Features
- Lot Features: Elevator
- Water Source: Municipal water
- Parking Features: Underground
Location & Community
- Directions: Sheppard Ave E-Brimley Road
- Street Dir Suffix: East
Business & Leasing Information
- Business Type: Retail and Wholesale
Tax & Legal Information
- Tax Annual Amount: 40819.18
- Zoning Description: Commercial-Retail
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