$2,100,000 $11,273 est/mo Sourced by Back At You

2 Rogers Rd,Toronto, ON M6E 1N4

Toronto ON, M6E 1N4

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Description

Updated And Fully Leased Corner Property With 3 Commericial 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 Appprox $80K, Year 3 $85K, Year 4 $90K, Year 5 $95K. Must Be Sold Together With 368 Oakwood Ave MLS #C7332682

Details

MLS#C7332672
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site177
Listing Provided ByRE/MAX PROFESSIONALS INC. | BackAtYou

Features

BasementY
ZoningCR2
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 1 hour ago
ProvinceON
CountyToronto C03
CityToronto
Postal CodeM6E 1N4
AreaToronto
Community NameOakwood Village
Listing VS Median (in Oakwood Village)
Price:
$2,100,000
low | high
Med:
$0
On Site:
177
low | high
Med:
Sourced by Back At You
Listing Updated: March 27, 2024 at 9:46:00 PM PDT