Richmond Hill, Commercial Condo, $649,900, Investment With Long Term Lease

Message Number332681
statusActive
Subject LineRichmond Hill, Commercial Condo, $649,900, Investment With Long Term Lease
Business area
Canada
Ontario
Greater Toronto area
Richmond Hill
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Date of ListingNovember 23 2015
LocationRichmond Hill
Price$649,900.00
Comments
Internet Links

Home Page

ControlMLS
NameMichelle Cao, MBA
TitleBroker of Record
Company NameMC Global Realty Inc., Brokerage
Address Line One25 Sheppard Ave W. Suite 300
CityToronto
State/ProvinceOntario
Zip/Postal CodeM2N6S6
CountryCanada
Business Phone Number(416)636-7653
FAX Number647-793-5162
Email AddressSend Email
Home PageHome Page

Toronto, Commercial Investment Property, $8,900,000, 6% Cap Rate/Prime Location/AAA Tenants

Message Number332678
statusActive
Subject LineToronto, Commercial Investment Property, $8,900,000, 6% Cap Rate/Prime Location/AAA Tenants
Business area
Canada
Ontario
Greater Toronto area
Etobicoke
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Date of ListingNovember 23 2015
Price$8,900,000.00
CommentsStrategically located near Pearson International Airport and bounded by several major highways, this unique property with AAA tenants offers stable cash flow and development potential. The golf club leases the land from the City with a long term lease and the first right of refusal. The commercial property has 1. 5 acres of land and approx 25, 800 Sq. Ft. commercial building. The upper level of the building is occupied by a very solid tenant in the event and night club business. The tenant has done extensive leasehold improvements in 2009. Overlooking the beautiful golf course, this upscale establishment is one of the best wedding and corporate venues and night clubs in Toronto. The main level is used as the golf clubhouse including office, lockers, golf merchandise store and banquet hall. Cap rate is close to 6%. Asking price is $8, 900, 000.
Internet Links

Home Page

ControlExclusive
NameMichelle Cao, MBA
TitleBroker of Record
Company NameMC Global Realty Inc., Brokerage
Address Line One25 Sheppard Ave W. Suite 300
CityToronto
State/ProvinceOntario
Zip/Postal CodeM2N6S6
CountryCanada
Business Phone Number(416)636-7653
FAX Number647-793-5162
Email AddressSend Email
Home PageHome Page