4438 Sheppard AVE E #101 Active Save Request In-Person Tour Request Virtual Tour
Toronto E07,ON M1S 5V9
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
Area Agincourt South-Malvern West
Interior
Cooling Yes
Exterior
Utilities Available Available
Parking Type Underground
Others
Security Features Yes