100 Select Ave
Toronto, ON M1V 4A7
Industrial Property For Sale

INVESTMENT HIGHLIGHTS

  • Walmart, LCBO, Lowes, near property, Amazon and Canada Post distribution recently built.

EXECUTIVE SUMMARY

Block walls on concrete block footings. Architectural brick exterior.
Flat roof covering on steel deck.
Thermopane aluminum windows
20' in rear shop areas
Each unit has a single door measuring approximately 10' x 12'
Ceiling mount radiant heaters with make up units in rear shop areas. Office areas have electric fired units.
Recent repairs to roof and asphalt driveway/parking lot
Canada Post and Amazon Distribution Centre in the area
Property Tax $37,734.00
Water $5,600
Leases are month to month, however tenants are motivated to sign leases.
Contains six units
Monthly collection
Unit 1 2140 s/f (25%) $3390.00
unit 2 1318 s/f (15%) $cash ($3200)
unit 3 1318 s/f (15%) $3164.00
unit 4 1318 s/f (15%) $3164.40
unit 5 1318 s/f (15%) $3256.66
unit 6 1318 s/f (15%) $3164.00
Total $16139.06 plus $3200 = $19,339.06
Total GFA 8730 s/f (100%)

PROPERTY FACTS

Sale Type Investment
Cap Rate 4%
Property Type Industrial
Property Subtype Service
Building Class C
Lot Size 0.71 AC
Rentable Building Area 9,000 SF
No. Stories 1
Year Built 2008
Parking Ratio 3.33/1,000 SF
Clear Ceiling Height 20’
No. Drive In / Grade-Level Doors 6
Zoning E - Automotive

AMENITIES

  • Fenced Lot
  • Listing ID: 25220122

  • Date on Market: 3/10/2022

  • Last Updated:

  • Address: 100 Select Ave, Toronto, ON M1V 4A7