Great opportunity to own a 2-story commercial investment property in a prime airport area. Location minutes away from Pearson Airport, HWY 407, 427, 401, and 410. Great exposure and high-traffic area. Offices, reception, kitchen, washroom, and warehouse on main level with a drive-in door. The unit on the main floor has a reception, 2 offices, a bathroom, a kitchen, and a warehouse area with drive-in door. The second - floor unit consists of reception, 2 offices, a bathroom, an open area, and outdoor space. The main level has a courier/logistic business operated by a Tenant on a 5 year NNN lease of $44,678 (All In). The upper floor with a separate entrance, currently vacant can generate a monthly gross rent of $2,500 plus HST. Main floor access from front and rear. Access to both levels with separate entrances/ perfect for an investor or end user.
Extras
Professional office and clean light industrial uses are permitted subject to approval by the city and the condo board.
UNIT 20, LEVEL 1, PEEL CONDOMINIU, PLAN NO. 404 ; PT BLK F PL M167, PTS 6&7 43R5885 PTS 1 & 3 43R17750, MORE FULLY DESCRIBED IN SCH 'A' OF DECLARATION LT115
Occupancy
Tenant
Possession Date
TBA
Taxes (2023)
$5,122
Tax Type
Annual
Commercial Condo Fees
$823.32
Directions/Cross Streets
Derry Rd & Torbram Road
Neighbourhood
Northeast
Area
Peel
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
N
Bathrooms
2
Industrial Area
20 percent
Office/Apt Area
80 percent
Total Area
1,961.94 ft2
Elevator
None
Air Conditioning
Part
Basement
N
Chattels
N
Garage Type
Outside/Surface
Parking Spaces
4
LLBO
N
Heat Type
Gas Forced Air Open
Financial Statement
N
% Building
80
Outside Storage
N
Area Influences
Major Highway, Public Transit
Soil Test
N
Sewers
San+Storm
Utilities
Y
Water
Municipal
Clear Height
10 feet 6 inches
Drive-In Level Shipping Doors
1
Crane
N
Rail
N
Survey
N
Lot/Bldg/Unit Code
Unit
Zoning
M1
Seller Property Info Statement
N
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