This property presents a remarkable opportunity for investors, featuring a fully leased and well-maintained space occupied by a AAA tenant. With a double net rent of $31,000 per year and a long-term lease that extends until April 30th, 2027, along with options for multiple renewals, it stands as an appealing choice. The property's approx 6% CAP rate promises an excellent return and is strategically situated in a high-density area. Additionally, the lease agreement includes a base rent escalation. The Seller is highly motivated to sell and is excited to showcase this valuable opportunity, so be sure not to miss out! (39970261)
Lion Crest Lane and Grant Street
Land Size
63.2 x 97.05 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$9,163.80 (CAD)
Time on REALTOR.ca
34 days
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