$2,900,000^{FOR SALE}

Industrial

Lot: 110 x 123 ftTotal Area: 13,575 ft²
2024 Taxes: $43,662.22

1001 Burns St E #3 & 4
Whitby, ON L1N 6A6 | Whitby Industrial | Durham

Highly attractive Industrial/Service Retail location with National tenant in place being offered at a very attractive $221 PSF. This offering is for units 3 & 4, totaling 13,575 SF. Current rents are well below market rates. Well-maintained space, new single-ply membrane roof 2022. Heavy power. Upgraded T8 lighting. Excellent proximity to two interchanges to Hwy 401. M1A zone offers broad range of uses. Fair shipping accommodation. Healthy condo reserve. 18' ceiling heights in warehouse. Common parking. This property is located in a high-growth area, and with the scarcity of industrial space in Whitby, the strong potential for future appreciation and income growth this offering is a strategic opportunity to invest in a market with robust fundamentals and promising long-term prospects.

Extras

Current lease term expiring July 2028 paying $88,237.56 Net, with fixed 5 year option following expiry at $101,812.56 Net, and second 5 year option at fair market rates.

Listed By	COLDWELL BANKER - R.M.R. REAL ESTATE
Data Provided By	Toronto Regional Real Estate Board
MLS® Listing Number	E9386986
Last Updated	Oct 08, 2024

Property Summary

Property Type	Industrial More like this: Whitby Industrial for Sale
Use	Warehousing
Category	Industrial Condo
Legal Description	Durham Condo Plan 119 Level 1 Unit 4 and Durham Condo plan 119 Level 1 Unit 3.
Occupancy	Tenant
Possession Date	TBA
Taxes (2024)	$43,662.22
Tax Type	Annual
Commercial Condo Fees	$3,287.33
Directions/Cross Streets	Burns St E/Garden St.
Neighbourhood	Whitby Industrial
Area	Durham

Price History

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Detailed Information

Freestanding	N
Bathrooms	2
Lot	110 x 123 ft
Lot Irregularities	Irregular size unit
Retail Area	15 percent
Industrial Area	80 percent
Office/Apt Area	5 percent
Total Area	13,575 ft²
Elevator	None
Air Conditioning	Part
Basement	N
Chattels	N
Garage Type	Outside/Surface
Days Open	V
LLBO	N
Heat Type	Gas Forced Air Closd
Financial Statement	N
Outside Storage	N
Soil Test	N
Sprinklers	Y
Sewers	San+Storm
Utilities	Y
Water	Municipal
Clear Height	18 feet
Drive-In Level Shipping Doors	2
Truck Level Shipping Doors	4
Crane	N
Rail	N
Survey	N
Lot/Bldg/Unit Code	Unit
Zoning	M1A
Seller Property Info Statement	N

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1001 Burns St E #3 & 4, Whitby, ON L1N 6A6

Industrial

1001 Burns St E #3 & 4 Whitby, ON L1N 6A6 | Whitby Industrial | Durham

1001 Burns St E #3 & 4
Whitby, ON L1N 6A6 | Whitby Industrial | Durham