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297 Old Kingston Rd, Toronto
297 Old Kingston Rd
$ 2,249,000 Estimated
Added to our website about 1 month ago
Added to our website about 1 month ago
Viewed 13 times
MLS®: E4322085

Excellent Investment Opportunity. Corner Freestanding Property In Very Good Condition. Over 5000 Sq Ft + Finished Lower Level. Long Term Lease In Place: Main & Lower Level To Montessori School With 3 1/2 Years Remaining ($7,000 / Mo Goes To $8,000 / Month May 1, 2019 With Two 5 Year Options At Market Rate. Upper Level 2 Renovated 2 Bedroom Apartments At $1475 / Mo Each Net. Collect Excellent Rent While You Wait For Future Development Opportunities.

Cap Rate Of 4.43% Rises To 5% May 1, 2019.

MLS#
E4322085
Price
$ 2,249,000
Status
Sale
Age
2018
Type
Investment
Style
N/A
Lot frontage
124.08
Lot depth
132.00
Square footage
N/A
Parking spaces
N/A
Taxes
$ 14029.74 CAD
Garage Type
None
Floor Space
5074.00 Sqft
Water
Municipal
Community Name
Centennial Scarborough
Category
Retail
Amenities
Amenities Nearby
Major Highway, Public Transit
Type
Level
Dimensions

Listing By: RE/MAX HALLMARK REALTY LTD., BROKERAGE
Information Updated on 2018-12-28 09:03:45.0

The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor Fastsold.ca.

Know more about this property

Listing By: RE/MAX HALLMARK REALTY LTD., BROKERAGE
Information Updated on 2018-12-28 09:03:45.0

The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor Fastsold.ca.

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E-mail: rickmalhi@mail.com

Cell     : 905-783-5700

Fax     : 905-405-8881

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Rick Malhi | Sales Representative | CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE | 905-405-8484 | 201-7071 AIRPORT RD MISSISSUGA ON | Terms of Use | Privacy Policy