365 Kingston Road E, Ajax MLS Number: E12051732
Central East, Ajax, Durham, ON, L1Z 1W4$4,600,000
Status: For Sale
- Property Type: Commercial (Commercial Retail)
- Property Taxes : $47980.72 (Tax Year:2024)
- Listing Courtesy : Enso Realty Inc.
Maximum 4 project can be compared at one go.
$4,600,000
Status: For Sale
An outstanding investment opportunity for commercial investors seeking a carefree landlord experience. The property is leased to a AAA+ tenant, a licensed childcare center / daycare / Montessori school under the CWELCC program on a Triple Net Lease, meaning the tenant is responsible for property taxes, insurance, and all maintenance costs. The building is well-maintained. This heritage building was relocated to its current site in 2005 by a developer, who undertook major restorations in 2010, including a new foundation, electrical system, plumbing, flooring, and partial exterior brick replacement. Buyers are advised to verify all building details. The tenant owns stoves, refrigerators, washer/dryer, and all chattels. The current triple-net monthly rent is $20,938 (including HST), with a scheduled increase to $22,807 (including HST) in 2028.
Property Type | :Commercial |
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MLS Number | :E12051732 |
Listing Type | :Sale |
Property Age | :100+ Years |
Possession Date | : |
Last Updated | :01 Apr, 2025 (9 Days ago) |
Source | :Toronto Regional Real Estate Board |
Area | :Durham |
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Postal Code | :
L1Z 1W4
|
Price | : $4,600,000 |
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Property Taxes | :$47980.72 |
Tax Year | :2024 |
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Air Conditioning | :Yes |
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Heating | :Gas Forced Air Closed |
Cross Street | :Kingston Rd / Hwy 412 |
31 Mar, 2025
TREB #E12051732
Listed
$4,600,000