365 Kingston Road,Ajax, ON L1Z 1W4
Ajax, ON L1Z 1W4
Description
An outstanding investment opportunity for commercial investors seeking a carefree landlord experience. The property is leased to a AAA+ tenant, a licensed childcare center / daycare / Montessori school under the CWELCC program on a Triple Net Lease, meaning the tenant is responsible for property taxes, insurance, and all maintenance costs. The building is well-maintained. This heritage building was relocated to its current site in 2005 by a developer, who undertook major restorations in 2010, including a new foundation, electrical system, plumbing, flooring, and partial exterior brick replacement. Buyers are advised to verify all building details. The tenant owns stoves, refrigerators, washer/dryer, and all chattels. The current triple-net monthly rent is $20,938 (including HST), with a scheduled increase to $22,807 (including HST) in 2028.
Details
| MLS# | E12051732 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 25 |
| Listing Provided By | ENSO REALTY INC. | E12051732 413100 |
Features
| SQ Feet | 6,546 |
|---|---|
| Acreage | 0.15 |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Durham |
| City | Ajax |
| Postal Code | L1Z 1W4 |
| Area | Central East |
| Listing VS Median (in L1Z 1W4) | |
Price: $4,600,000 low | high Med: $4,600,000 SqFt: 6,546 low | high Med: 6,546 $ / SqFt: $703 low | high Med: $703 On site: 25 low | high Med: 25.000000 | |