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$ 799,800
Est. payment | /mo
1,014 SqFt
$ 799,800
Est. payment | /mo
1,014 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1014
Square Footage 1,014 sqft
Price per Sqft $788
Subdivision Bayview Southeast
MLS® Listing ID N12940728
Property Description
Discover A Rare Opportunity To Acquire A Fully Leased, Income-Producing Commercial Asset In Howland Green's Wellington East Business Centre-An Innovative, Energy-Positive Development Designed For Long-Term Stability And Reduced Operating Costs.This 1,014 Sq. Ft. Modern Unit Is Secured By A Strong Long-Term Tenant With A 5 + 5 + 5 Year Lease In Place, Offering Predictable Cash Flow With Scheduled Rental Increases. The Lease Structure Provides Investors With Exceptional Security And Built-In Growth, Making This An Ideal Hands-Off Investment In Today's Uncertain Market.Part Of A Forward-Thinking, Energy-Positive Building That Produces More Energy Than It Consumes, The Property Benefits From Significantly Lower Operating Costs-Enhancing Net Returns And Long-Term Value. The Building Features Premium Construction And Design, Including Geothermal Heating And Cooling, Two Elevators, Secure 24/7 FOB Access, And Professionally Finished Common Areas.The Unit Itself Is Fully Built Out With High-End Finishes, Including Soaring Ceilings, Pot Lights, Oversized Windows, A Two-Piece Washroom, And Two Dedicated Underground Parking Spaces-Providing Strong tenant appeal and long-term retention.Strategically Zoned Employment Business Park, This Asset Supports A Wide Range Of Uses, Ensuring Continued Demand And Flexibility For Future Leasing.In A World Of Economic Uncertainty, This Property Offers A Safe, Stable Investment Backed By A Long-Term Lease, Gradual Rental Growth, And A Future-Focused, Cost-Efficient Building.A Turnkey Opportunity Delivering Security, Sustainability, And Strong Returns. Don't Miss This Opportunity! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 2
Private Pool No
Listed by FOREST HILL REAL ESTATE INC.
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