$8,285,000
Status: For Sale
Rare and spectacular investment opportunity offered at a true 6.7% cap rate and only $230k per unit! This fully-rebuilt property is comprised of 36 beautiful apartments (24 X 1-bed, 12 X 2-bed) in two buildings. All units are separately metered for hydro and water, so the landlord pays nothing but house hydro! Completely rebuilt with permits in the last 5 years, this low-maintenance property boasts new plumbing, electrical, HVAC, kitchens, bathrooms, windows, fire and security systems, roof, and more! No elevators, parking lots, or balconies to worry about. Just enjoy the incredible cashflow and strong appreciation. Further upside may be realized by renting the new storage lockers to tenants. Situated on the future LRT transit route, this beautiful property is close to everything. Full data room is available for easy diligence - including a recent clean Phase 1 Environmental. This fully-leased property is being offered at this price for a very limited time for a quick sale. This will sell quickly - it is the best value on the market today!
| Price | :$8,285,000 |
| Property Taxes | :$70037.00 |
| Tax Year | :2023 |
| Cross Street | :Tisdale St. S. & King St. E. |
25 Apr, 2024
TREB #X8271812
Available
$8285000.0
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540 King St E is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 540 King St E with a highly strategic location at the L8N 1E2 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
540 King St E offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X8271812 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 70037.00 and an attractive 8,285,000 while getting several vibrant Landsdale benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and L8N 1E2. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and None for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Tisdale St. S. & King St. E.. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $41,425 available on the 8,285,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $41,425 and other attractive incentives for buying this Commercial in Ontario and at L8N 1E2. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This X8271812 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 540 King St E promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at L8N 1E2 and you will find a value addition at 540 King St E by all means.
