C 102 10 Mallard Road, Toronto
- Bathrooms: 1
- Living area: 539 square feet
- Type: Commercial
- Added: 97 days ago
- Updated: 37 days ago
- Last Checked: 15 days ago
*Only sold together with the adjoining Unit at 1388 Don Mills Rd Unit 43 (MLS# C8444056)* 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:1945)
Property Details
- Cooling: Fully air conditioned
- Heating: Natural gas, Other
- Structure Type: Retail
Interior Features
- Living Area: 539
Exterior & Lot Features
- Water Source: Municipal water
Location & Community
- Directions: York Mills Rd & Don Mills Rd
Business & Leasing Information
- Business Type: Retail and Wholesale
Tax & Legal Information
- Tax Annual Amount: 6602.76
- Zoning Description: Commercial - Retail
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