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Tillsonburg,

MLS®: X5337028

11000.00 sqft

$2,200,000

2 months ago

Viewed 3 times

For Sale

Description

Excellent Opportunity To Own Approximalty 11,000 Sq Ft Brand New Investment Property . 5 Yeares + 5 Years Lease Agreement In Place With Aaa Tenants . Cap Rate : 6.80% In The First , Second And Third Years , 7.34% In The Fouth And Fifth Years .

Extra

The Buyer Will Get The Credit From The Township Approximalty $60,599.50 + Tenant Security Deposit $63,280 =$123,879.50 Grose Rent : $197,444.59 Net Income :$149,563.89(In The Year 1, 2, 3) , Net Income: $161,563.89 (In The Year 4,5 )

Key Facts

  • Taxes: $19683.8
  • MLS#: X5337028
  • Price: $2,200,000
  • Status: Sale
  • Type: Investment
  • Style: n/a
  • Size: 11000.00
  • Updated: 2021-08-13 13:56:53.0
  • Year Built: n/a

Property

  • Type: Investment

Commercial General

  • Depth: 427.00
  • Lot Front: 75.00
  • List Price Code: For Sale
  • Lot/Bldg/Unit Code: Lot
  • Lot Size Code: Feet
  • Air Conditioning: Y
  • Garage: Outside/Surface
  • Heating: Gas Forced Air Open
  • Seller Property Info Statement: N
  • Zoning: Mg
  • Type: U.
  • Taxes: $19683.8
  • Tax Year: 2021
  • Amps: 400
  • Freestanding: Y
  • Industrial Area: 90
  • Industrial Area Code: %
  • Office/Apt Area: 10
  • Office/Apt Area Code: %
  • Category: Industrial
  • Total Area: 11000.00
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: Y
  • Volts: 600
  • Orig lp cd: For Sale

Price History

Updated Price Event
$2,200,000 Listed For Sale
$XXX,XXX Sold
$XXX,XXX Listed

Map

Updated: 13 Aug, 2021. Days On Market: 63 Days

Listing By: CENTURY 21 KING`S QUAY REAL ESTATE INC., BROKERAGE Information Updated: 2021-08-13 13:56:53.0

The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RickMalhi.com.

More About This Property

Rick Malhi

Sales Representative
CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE

Our Address

208-5 Brisdale Dr,
Brampton, ON, L7A 0S9
+1-905-783-5700