$XXX,XXX
Status: OFF MARKET
Under utilized re-purposed mixed use industrial building consisting of 20 self contained units. 17 units tenanted. 2 vacant (estimated market rent $3,000/month). 1 large owner occupied unit (approximately 2,500 square feet estimated market rent $3,500/month). Mixed use includes office, industrial, music studios & residential. Lots of parking. Current rents total $15,405/month or $184,860 annual. Empty units + owner unit estimated market rents $6,500/month or $78,000 annual. Total current rents + estimated vacant units and estimated owner occupied unit are $21,905/month or $262,860 annual. Rents include utilities & parking. Lots of room for improvement of units. Rents well below current market. Vacant possession not possible. Use does not comply with present zoning. Statement of expenses for the period 09/01/2021- 08/31/2022; insurance $15,580, Utilities $31,673, property taxes $28,446 (2023 final). Actual & estimated rents are $262,860 (2023). First 8 Photos digitally staged.
| Property Type | :Commercial |
| MLS Number | :E6639602 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :26 Sep, 2023 (223 Days ago) |
| Area | :Toronto |
| Community | : Clairlea-Birchmount |
| Postal Code | : M1K 1B1 |
| Source | :TRREB |
| Price | :$2,199,000 |
| Property Taxes | :$28446.30 |
| Tax Year | :2023 |
| Cross Street | :Birchmount / South Of Danforth |
| Fireplace/Stove | :No |
12 Sep, 2023
TREB #E6639602
Available
$2199000.0
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3 Parnell Ave 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 3 Parnell Ave with a highly strategic location at the M1K 1B1 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.
3 Parnell Ave offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the E6639602 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 28446.30 and an attractive 2,199,000 while getting several vibrant Clairlea-Birchmount 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 M1K 1B1. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and Other for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Birchmount / South Of Danforth. 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 $10,995 available on the 2,199,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $10,995 and other attractive incentives for buying this Commercial in Ontario and at M1K 1B1. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This E6639602 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. 3 Parnell Ave 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 M1K 1B1 and you will find a value addition at 3 Parnell Ave by all means.
