950 Albion Road, Toronto W10, ON Image 1

$14,888,000

Investment For Sale
MLS - #W12230268
Jun 18- By RIGHT AT HOME REALTY

950 Albion Road, Toronto W10, ON M9V 1A7

Bed
Bath
31350 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

31350 Sqft

About 950 Albion Road

Investment property for sale, 950 Albion RD--Strip plaza/Retail, 2 tenants only. Grow Fitness for sale; tenant #1Grow Fitness- 13,850 sq. ft plus patio (not calculated extra sq.ft.); tenant #2 Basement is 17,500 sq. ft Basement. Tenant just spent close to 1 million to set up Play Place ( Kids and Adults), Training. Tenants pay HST on top of Rent Lease attached. TMI is $10,500 per $39,500 Net (950 Albion )$15,000 Net ( 960 Albion) = x 12 =$654,000 Tenants pay TMI: Taxes estimated at $ 5 x 14,000 sq. ft = $ 70,000 per year estimate. Utilities , CAM, = $ 4 x 14,000sqft = $ $50,000 per year estimate, Redevelopment potential of 300 units potential on site and main floor retail

Home Overview

Last updated

Jun 18

Virtual tour

None

Basement information

Building size

31350

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
1488800000.0%
Higher than average

Price Comparison

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Walk Score for 950 Albion Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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