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W6032685
$6,350,000

355 Rexdale Blvd (Rexdale Blvd./Tidemore Ave.)

Price: $6,350,000

Status: For Sale 

MLS®#: W6032685

$6,350,000
  • Tax: $36,000/Annual (2022)
  • Community:West Humber-Clairville
  • City:Toronto
  • Type:Commercial
  • Style:Investment
  • Size: 9,660 Sq Ft
  • Basement:Y
  • Garage:Outside/Surface
  • Age:6-15 Years Old

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsMunicipal
  • Extra FeaturesStorage

Listing Contracted With: ROYAL LEPAGE FLOWER CITY REALTY, BROKERAGE

Description

Excellent Well Maintained Fully Leased Retail/Industrial Investment Sale Being Offered At A 5.5% Cap Rate. This Property Is Multi-Tenanted With 3 Tenants In Place; Car Wash Tenant Lease: Mar 1, 2023 - Feb 28,2028, Oil Change Tenant Lease: Aug 1, 2022 - Jul 31,2032. Office Tenant Lease: Aug 1, 2022 - Jul 31,2026. Yr 1 Noi Is $350,804. The Seller Is Willing To Provide A Vtb Of $500,000 - $1,000,000 For 6 Months To 1 Year


Highlights

Recent July 2021 Clean Environmental Reports And Bca. Building In Great Condition. Buyer And Buyer's Agent To Verify All Information.

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Zahid Moghal

REALTOR® Broker

ZOLO Realty (Ontario) Inc.

Real Estate Solutions Since 2004

Not intended to Solicit Buyer, Sellers, Tenants, and/or Landlords currently under contract with any other brokerage.

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