Hard to find cap rate for Toronto!. Excellent Opportunity! App. 57, 000 sq ft building on app. 75, 000 sq ft lot of commercial / warehouse / industrial space with 15% of office space. Great long term investment with excellent immediate income (app. $1, 200, 000 per year from a new triple net lease of the existing long term tenant). Strategically located near Eglinton and the Don Valley close to the downtown core, with easy access for employees and shipping. Property zoned E1 (Employment Industrial) Allowing A Wide Variety of uses. Opportunity To Divide Into Units. Property's taxes are very low compared to other GTA areas. Seller may consider providing a partial VTB/Second mortgage.
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