
Orleans - Cumberland and Area, ON K1C 1T1
LOCATION! LOCATION! LOCATION! Presenting an extraordinary 1,296 sqft commercial office unit in a highly desirable location, minuets from the new LRT, featuring an operating business with excellent rental income. Located within a state-of-the-art building completed in 2021, this unit offers a professional environment in a meticulously maintained setting.With soaring 12-foot ceilings and expansive windows, the space is bright, open, and inviting. This is a turnkey investment opportunity perfect for a new landlord or an investor seeking immediate, hassle-free income from a well-established tenant. The unit is currently leased under a triple net lease, making this an exceptionally attractive, low-maintenance asset where the tenant is responsible for taxes, maintenance, and insurance.Included are 2 dedicated parking spaces (both owned), along with 2 exclusive spaces for customers providing added convenience for both staff and visitors. A rare chance to own a premium commercial unit with stable returns in a sought-after location. CIP incentive in place for 10 years of on property taxes, 5 years have passed, 5 years remain.
TRREB MLS® Attribution
MLS® X12722690
Listed by COLDWELL BANKER FIRST OTTAWA REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$4,150
/month · $679,920 mortgage
Amortization
Total Interest
$565,132
Total Cost
$1,245,052
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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COLDWELL BANKER FIRST OTTAWA REALTY