C102 - 10 Mallard Road , Toronto (Banbury-Don Mills), ON M3B0A7
Toronto (Banbury-Don Mills), ON M3B0A7
Description
*Only sold together with the adjoining Unit at 1388 Don Mills Rd Unit 43 (MLS# C8444056)* This owner-occupied retail property is being offered as a leaseback, generating an attractive cap rate and capital appreciation potential with a 10+5 triple net lease being offered to the purchaser. Current owners run a successful business at the location and are looking to free up capital for expansion. Base case rent at the current list price would generate a capitalization rate of 5%! Ample parking with consistent foot traffic from the LA fitness across the street. Minutes away from 401 and Don Valley Parkway On/Off Ramp, Shops at Don Mills and Don Mills TTC Station. In the heart of the prestigious Banbury Don Mills neighbourhood where the average annual household income is over $160,000. Floor plans available upon request. (id:13843)
Details
| MLS# | C8443996 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 92 |
| Listing Provided By | KELLER WILLIAMS ADVANTAGE REALTY | STEVEN CHENG |
Features
| Bath(s) | 1 Total |
|---|---|
| SQ Feet | 539 |
| Zoning | Commercial - Retail |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Banbury-Don Mills) |
| Postal Code | M3B0A7 |
| Listing VS Median (in M3B0A7) | |
Price: $799,000 low | high Med: $799,000 SqFt: 539 low | high Med: 545 $ / SqFt: $1,482 low | high Med: $1,468 On Site: 92 low | high Med: 92.000000 | |