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3833 Midland Ave - Sale Of Property.Gross Floor Area:683 Sq.Ft.Retail Plus 467 Sq.Ft.Basement.Located In Food Court With Over 70 Seats.Tenant Has Been Renting For Over 10 Yrs.And Is Doing Good Business.Lease Is'triple Net',Till End Of Nov.,2022 With Annual Increment Of $100.Current Rent:$1,695,Will Increase To $1,795 In Dec 2019,$1,895 In Dec.2020&$1,995 In Dec 2021.Tenant Pays Utilities,Condo Fee And Property Tax.Absolutely Net Income For Owner.

Property Details

  • ID: E4632186
  • New Construction: No
  • Style:
  • Living Area: 683
  • Status: Active
  • Estimated Annual Taxes: $3,436

Features

Air Conditioning Y
Basement Y
Category Commercial Condo
Garage Type Plaza
Heat Type Gas Forced Air Open
Other Commercial Condo Fees - 527.23, Community - Milliken, Retail Area - 683, Tax Year - 2019, Total Area - 683.00
Retail Area Code Sq Ft
Sprinklers Y
Total Area Code Sq Ft
Type Taxes Annual
Use Hospitality/Food Related
Utilities Y
Water Municipal
Listed By LIVING REALTY INC., BROKERAGE
Data Provided By Toronto Real Estate Board