101 - 4438 SHEPPARD AVENUE E Toronto

101 - 4438 SHEPPARD AVENUE E, Toronto, Ontario

$2,400,000

  • 6,805 Square Feet

.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. (id:23309)

  • Listing ID: E9259434
  • Property Type: Retail

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Details

  • Features: Elevator
  • Transaction: For sale
  • Zoning Description: Commercial-Retail

Building

  • Cooling: Fully air conditioned
  • Fireplace Present: False
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 6805 sqft
  • Utility Water: Municipal water
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 101 - 4438 SHEPPARD AVENUE E in Toronto Ontario. It was last modified on August 17th, 2024. Contact Scott Brubacher to schedule a viewing or to discover other Toronto real estate for sale.

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