A building with commercial premises.
Description
One-storey building with an area of 140 m².
The property is fully leased.
The cost of the property is $ 1,800,000.
Absolute annual income is $ 72,000.
The current yield of 4.0%.
The tenant is a restaurant chain with more than 2,600 locations in 30 countries.
The lease agreement is valid until 14/02/2020.
The property is located in the center of one of Toronto's most vibrant districts. Public transport stops, parks and school are situated in a walking distance from the building.
The distance to the city center is 7 km.