4438 Sheppard E Avenue, Toronto E07, ON M1S 5V9

  • $2,400,000
4438 Sheppard E Avenue, Toronto E07, ON M1S 5V9
  • E9259434
  • MLS® Number
  • Commercial Retail, Commercial
  • Property Type
  • 6805
  • Sqft
Active For Sale
4438 Sheppard E Avenue, Toronto E07, ON M1S 5V9
4438 Sheppard E Avenue, Toronto E07, ON M1S 5V9
  • $2,400,000

Description

.This 6,000+ Sq Ft retail space located on the main floor of the Oriental Centre is now available for sale, offering an attractive, hassle-free investment opportunity. With an established tenant in place, the tenant is currently paying net rent of $136,000 annually, providing a solid 6% return, along with covering all T.M.I. (Taxes, Maintenance, and Insurance) expenses. Situated at the highly desirable intersection of Brimley Rd and Sheppard Ave E., this property stands out with a remarkable 10% cap rate. Ample underground and surface parking further enhance the appeal of this investment, allowing you to start earning immediately while enjoying a strong, stable return on your investment.

Details

MLS® Number
E9259434
Property Size
6805 Sqft
Updated on October 21, 2024 at 10:32 pm

Additional details

  • Utilities: Available
  • Sewer: Sanitary+Storm
  • Cooling: Yes
  • County: Toronto
  • Property Type: Commercial Sale

Address

  • Address 4438 Sheppard E Avenue
  • City Toronto
  • State/county ON
  • Zip/Postal Code M1S 5V9

Contact Information

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