C102-10 Mallard Road, Toronto | Image 1

C102-10 Mallard Road

Toronto, Banbury-Don Mills

  • Commercial

$799,000
For Sale

Added 2 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: Commercial - Ret

  • Age: No Data

  • Taxes: 6602.76

  • MLS®#: C8443996

  • Days on Site: 85 Days

  • Added: Jun 14, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: KELLER WILLIAMS ADVANTAGE REALTY

*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.

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Commercial Condo

  • Area: Toronto

  • Community: Banbury-Don Mills

  • Availability Date: TBD

Inside

  • Bathrooms: 1

  • Air Conditioning: Y

  • Washrooms: 1

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: UNIT 44, LEVEL 1, TORONTO STANDARD CONDOMINIUM PLAN NO. 2362 AND

  • Taxes: $6,603

  • Commercial Condo Fees: 423

  • Taxes Type: Annual

Land

  • Cross Street: York Mills Rd & Don

  • Municipality District: Toronto C13

  • Parcel Number: 763620044

  • Zoning: Commercial - Ret

Shipping Doors

  • Clearing Height (ft): 10

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 539

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 539

  • Total Area Metric: Sq Ft

  • Hours Open: 12

  • Days Open: 6

  • Franchise: N

  • Tangible Property Included: N

  • Lot Code: Unit

  • Financial Statement: N

  • LLBO: N

JK-5

Norman Ingram Public School

Elementary: Public
0.94 km
JK-5

Rene Gordon Health and Wellness Academy

Elementary: Public
1.63 km
JK-5

Three Valleys Public School

Elementary: Public
0.83 km
JK-6

Rippleton Public School

Elementary: Public
1.30 km
6-8

Don Mills Middle School

Elementary: Public
1.45 km
JK-6

Denlow Public School

Elementary: Public
1.37 km
9

Windfields Junior High School

Secondary: Public
2.05 km
9-12

École secondaire Étienne-Brûlé

Secondary: Public
1.95 km
9-12

George S Henry Academy

Secondary: Public
1.90 km
9-12

York Mills Collegiate Institute

Secondary: Public
2.12 km
9-12

Don Mills Collegiate Institute

Secondary: Public
1.51 km
9-12

Victoria Park Collegiate Institute

Secondary: Public
2.27 km
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