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$11,900,000

Jul 7Industrial For Sale
bedroomsbed
washrooms0bath
MLS - #E12268035

1500 Midland Avenue, Toronto E04, ON M1P 3B9

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Average Price
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Property Description

Property type

Industrial

Lot size

N/A

Style

Approx. Area

N/A

About 1500 Midland Avenue

Great Location with Midland Ave Exposure. Exceptional user/investment opportunity. This5-unit building is currently 100% leased to a strong mix of tenants, including well-known national brands. Immediate income with significant near-term rent upside Low Weighted Average Lease Term (WALT) of just 1.1 years and the potential for 30% vacancy by December 31, 2025. $100,000+ spent on recent renovations (new signage and siding). Dual street access. Minutes to Highway 401, DVP. TTC at doorstep. 2025 Environmental Phase 1 & 2 and Building Condition reports available upon signing confidentiality agreement.

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Building size

25663

Status

In-Active

Property sub type

Industrial

Maintenance fee

$N/A

Year built

--

Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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Walk Score for 1500 Midland Avenue

Some information about this property - Midland Avenue

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