Great affordable investment of two 1,200 sf condo units in the Loyalist Industrial Park. Opportunity is available for ownership of these condos with the current owner, National Small Engines, to sign back a fully NET lease for a two year term. The rent is to be $12 fully net or $2,400/month + HST + Tenant paying all realty taxes, insurance, condo fees and utilities. When lease expires, imagine the flexibility to occupy or again lease to others. Alternatively, allow for a 6 month period before closing. The property has easy access, legal side and rear compound, ample paved parking, and being only about 5 years old, very little maintenance. Both units have a handicap 2 piece bathroom and unit #2 has a 395 sf mezzanine for an office and storage. Ceiling height is 14'3" to drywalled ceiling and mezzanine at 7'3" ceiling height. Both units have a powered overhead drive-ion 12' x 12' door, front and rear 36" man doors and an adjoining man door. (39665055)
West on Taylor Kidd from Kingston, through 4 way stop on County Rd. 6 then next right.
Annual Property Taxes
$11,289 (CAD)
Time on REALTOR.ca
117 days
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