$4,780,000 FOR SALE

Land

Lot: 339.37 x 321.53 ftTotal Area: 66,499.37 ft2 divisible
2023 Taxes: $10,800Maintenance Fees: $10,000

10 Chisholm Crt
Ajax, ON L1S 4N8 | South West | Durham

Auto Repair Hub in city center of Ajax - Seize the opportunity to own a strategically designed industrial complex for a multi vehicle/body repair shop services. This site boasts ten spacious units, each tailored to optimize operational efficiency and multi-use bays. With city zoning and permits already secured, this investment is primed for immediate development. The foresight in design translates to a reduction in lead time for operational readiness, increasing the potential for a rapid return on investment (ROI). This is not just a plot of vacant land but a launchpad for a lucrative enterprise in a thriving automotive service with 10% YoY appreciation industry. Spanning 66,348 square feet with a city approved Site plan of 23,143-square-foot to accommodate for 10 Motor Vehicle Mechanical shops with 18 high-efficiency service bays and parking for 55 vehicles, this property offers an investor a ready-to-develop opportunity for a cutting-edge automotive repair facility site rare in GTA

Extras
This investment is of impressive scale with an optimized planned layout for a motor vehicle repair complex. With all necessary zoning and permits in place, it represents a ready-to-go opportunity for rapid development and quick market entry

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Listed By KELLER WILLIAMS REFERRED URBAN REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E8046500
Last Updated Apr 24, 2024
Property Summary
Property Type Land

More like this:
Category Designated
Legal Description PLAN 40R1308 PT BLK 2 RP 40R25669 PARTS 1 TO 9
Occupancy Vacant
Possession Date immediate
Taxes (2023) $10,800
Tax Type Annual
Maintenance Fees $10,000
Directions/Cross Streets Westney Rd S / Clements Rd W
Neighbourhood South West
Area Durham
Price History
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Detailed Information
Freestanding Y
Lot 339.37 x 321.53 ft
Lot Irregularities 110.68 X 339.37Ft. X 321.53F
Industrial Area 23,133 ft2
Total Area 66,499.37 ft2 divisible
Approximate Age New
Air Conditioning N
Basement N
Garage Type Double Detached
Parking Spaces 55
Heat Type None
Gross Income/Sales $693,780
Net Income Before Debt $613,780
Insurance Expense $10,000
Operating Expenses $80,000
Taxes Expense $60,000
Year Expenses $2,025
Expenses Actual/Estimated Est
% Building 35
Area Influences Major Highway, Public Transit
Soil Test Y
Sprinklers N
Sewers None
Utilities N
Water Municipal
Clear Height 14 feet
Drive-In Level Shipping Doors 20
Grade Level Shipping Doors 10
Rail A
Survey Y
Lot/Bldg/Unit Code Lot
Zoning GE
Seller Property Info Statement N

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