365 Kingston E Road, Ajax, ON L1Z 1W4

  • $4,600,000
365 Kingston E Road, Ajax, ON L1Z 1W4
  • E12051732
  • MLS® Number
  • Commercial Retail, Commercial
  • Property Type
  • 6546.1
  • Sqft
Active For Sale
365 Kingston E Road, Ajax, ON L1Z 1W4
365 Kingston E Road, Ajax, ON L1Z 1W4
  • $4,600,000

Description

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.

Details

MLS® Number
E12051732
Property Size
6546.1 Sqft
Updated on April 1, 2025 at 2:48 pm

Additional details

  • Utilities: Available
  • Cooling: Yes
  • County: Durham
  • Property Type: Commercial Sale

Address

  • Address 365 Kingston E Road
  • City Ajax
  • State/county ON
  • Zip/Postal Code L1Z 1W4

Contact Information

Firas AL-Rifay
  • Firas AL-Rifay
  • +1 (647) 242-6988 WhatsApp
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Firas AL-Rifay
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