101-4438 Sheppard Avenue East, Toronto | Image 1

101-4438 Sheppard Avenue East

Toronto, Agincourt South-Malvern West

  • Commercial

$2,400,000
For Sale

Added 3 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: Commercial-Retai

  • Age: No Data

  • Taxes: 40819.18

  • MLS®#: E9259434

  • Days on Site: 68 Days

  • Added: Aug 14, 2024 (3 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: HOMELIFE/LOCAL REAL ESTATE LTD.

.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.

Extras

Do not go direct. PIN NUMBERS: Suite1-2 126440002, Other1 - 1126440001, Other1 - 59126440059

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Toronto

  • Community: Agincourt South-Malvern West

  • Availability Date: ASAP

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Heat Type: Gas Forced Air Closd

  • Elevator: Public

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Underground

Fees

  • Tax Year: 2024

  • Taxes: $40,819

  • Commercial Condo Fees: 7574

  • Taxes Type: T.M.I.

Land

  • Cross Street: Sheppard Ave E-Briml

  • Municipality District: Toronto E07

  • Parcel Number: 126440001

  • Sewer: San+Storm

  • Zoning: Commercial-Retai

Commercial Specific

  • Retail Area: 6000

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 6805

  • Total Area Metric: Sq Ft

  • Lot Code: Unit

Map of 101-4438 Sheppard Avenue East, Toronto
JK-8

St Bartholomew Catholic School

Elementary: Catholic
0.33 km
JK-6

Agincourt Junior Public School

Elementary: Public
1.04 km
7-8

Henry Kelsey Senior Public School

Elementary: Public
1.39 km
JK-6

C D Farquharson Junior Public School

Elementary: Public
0.44 km
JK-6

North Agincourt Junior Public School

Elementary: Public
1.12 km
7-8

Sir Alexander Mackenzie Senior Public School

Elementary: Public
0.42 km
Pre-Grade 9-12

Delphi Secondary Alternative School

Secondary: Public
1.54 km
9-12

Msgr Fraser-Midland

Secondary: Catholic
1.99 km
Pre-Grade 9-12

Sir William Osler High School

Secondary: Public
1.87 km
9-12

Francis Libermann Catholic High School

Secondary: Catholic
2.11 km
9-12

Albert Campbell Collegiate Institute

Secondary: Public
2.36 km
9-12

Agincourt Collegiate Institute

Secondary: Public
0.87 km
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For Sale
4 weeks ago
$1,888,800
  • 0 bath
  • 0 bed

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