5318 Finch Avenue E 1-4, Toronto E07, ON M1S 5G2

Sold ConditionalIndustrial

#1-4 - 5318 Finch Avenue

Name: 5318 Finch Avenue - Sold Conditional
Brand: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Price: 2695000 CAD
Availability: OutOfStock

Toronto - Milliken

#1-4 - 5318 Finch Avenue

Toronto - Milliken

$2,999,000

Listed For $2,695,000

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Sold Conditional

- Garage Garage

Description

Rare user/investor opportunity to purchase an industrial condominium unit in North Scarborough with quick access to Highway 401 and 407, public transit, and local amenities. The property is 5,991sf with 17' clear height, 3 truck-level doors that can accommodate 53' trailers. The property is currently tenanted. Tenant is paying $159,135 net per annum with 3% yearly escalation until Jan 23, 2028 with no options to renew. Strong investment return with the option in 3 years to take possession for an owner user

Key facts for #1-4 - 5318 Finch Avenue

Tax$17,731 / 2024

Property TypeIndustrial,

Size5991 ft²

Listing #E11993831

Days on Market--

Listing BrokerageAVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$13,160/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$-0.7% net yield

Net Monthly Cash Flow-$14,620

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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