726 Lansdowne Ave, Toronto $1,865,000
For Sale
4 Bath(s)
3195.00 Sq Ft

MLS© ID: W3887554

2 Buildings:3 Newly Renovated Residential Units (2X2Beds+1+Den) In Front Building (1571 Sq Ft) +1 Large Commercial Single Storey Building At Rear (1493 Sq Ft). Aprx 3200 Sq Ft Of Building Space W/ 4 Tandem Parking Spots & A Beautiful Patio! Commercial Generates $4290/Mo, Utilities Paid By Tenant. Residential Units Generate $6000/Mo ($2400+$2100+$1500). 4 Sep Hydro & Gas Meters For Each Unit. 5.5% Cap Rate Based On Asking Price. Total Est Expenses/Yr $21653.31

Extras: $10, 290 Per Month Semi Gross. Commercial Pays $3000 Net + Tmi ($1, 290) + Utilities. Residential Tenants Pay For Heat And Hydro. Landlord Pays For Residential Water And Residential Portion Of Tmi. See Attached Financial Summary And Package.

Tim Reed
Commercial Real Estate Broker, Ici Director

iPro Realty Ltd., Brokerage
272 Queen St. E.
Brampton, Ontario  L6V 1B9

Phone: 905-454-1100
Toll Free: 1-877-306-4776
Email: timreedici@outlook.com
Web: timreed.ca