4438 Sheppard AVE E #101 Active

Toronto E07,ON M1S 5V9

$ 2400000

- Bed

- Bath

6805 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,805 sqft

Price per Sqft $352

MLS Listing ID E9259434

Condo Fees $7,573

Annual Tax Amount $40,819

Tax Year 2024

Property Description

.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.

Location

Province ON

County Toronto

Community Agincourt South-Malvern West

Area Toronto

Region Agincourt South-Malvern West

City Region Agincourt South-Malvern West

Interior

Cooling Yes

Exterior

Utilities Available Available

Others

Security Features Yes

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