North Ajax Commercial Investment Opportunity! 968 sq. ft. tenanted commercial condominium in North Harwood Centre at 1901 Harwood Avenue North, near Harwood Avenue and Taunton Road East. A good tenant is in place under a long-term lease with scheduled rent escalations, offering future rental income growth. Current gross annual revenue is approximately $75,000.00. The current lease runs until 2030 and includes 2 additional 5-year renewal options extending to March 31, 2040. This established neighbourhood plaza serves surrounding residential communities with a complementary mix of shops, dining and services, supported by convenient ground-level outdoor parking. An opportunity to acquire an income-producing commercial property or expand an existing investment portfolio. Detailed financial information available upon request.
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