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$368,000 Sale
Listed 13 hours ago
3272 Midland Avenue, #B117
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Listing History
Buy/Sell/Terminated/Expired listing history for 3272 Midland Avenue, #B117
Key Facts
Key facts for 3272 Midland Avenue, #B117
Property Type
Commercial
Parking
Plaza
MLS #
E12498248
Size
-
Basement
-
Listed on
2025-10-30
Lot size
0 x 0.0
Tax
$3,965.03 /yr
Days on Market
2
Approximate Age
-
Maintenance Fee
-
Description
Prime Investment Opportunity in Skycity Shopping Centre!Excellent location at the busy intersection of Finch & Midland, within the highly visible Skycity Outdoor Shopping Centre. Steps to TTC and minutes to Hwy 401 & 404. Ample free surface parking available.Ideal for investors seeking a stable tena...nt and solid return. Buyer to assume the existing 5-year lease (until August 31, 2030).The unit has been fully renovated and equipped for a bubble tea business, which has been successfully operating for almost 10 years. Includes a 2-piece washroom.Current Gross Rent: $2,442.71 + HST / month, Gross Cap Rate: approx. 7.9%Net Cap Rate: approx. 5.7% Fantastic turnkey investment opportunity with a reliable tenant and consistent income in a high-traffic commercial plaza!
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Courtesy of: HOMELIFE NEW WORLD REALTY INC.