$2,500,000
Available - For Sale
Listing ID: W12324177
237 Park Lawn Road , Toronto, M8Y 3J3, Toronto
| **Investment Opportunity - Established Tenant with Strong Net Income** Excellent commercial investment with a **monthly net rent income of $12,000**. Long-standing **convenience store tenant operating for 26 years**. Current lease term: **5 years + 5-year renewal option**. Great tenant with a stable business history. The business is also available for purchase as an option. Ideal for investors seeking a **turnkey, income-producing property** with minimal management required. Prime location with strong foot traffic and community presence. Upper 3-bedroom unit, full-sized basement, and outdoor 2-bedroom unit. Cooperative Agent/Broker Has To Verify Property Taxes and Measurements. |
| Price | $2,500,000 |
| Taxes: | $14500.00 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $0 |
| Occupancy: | Owner+T |
| Address: | 237 Park Lawn Road , Toronto, M8Y 3J3, Toronto |
| Postal Code: | M8Y 3J3 |
| Province/State: | Toronto |
| Legal Description: | PCL 4-1, SEC M428 ; LT 4, PL M428 , BEIN |
| Directions/Cross Streets: | The Queensway / Park Lawn |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 4800.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1300 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| POWER 7 REALTY |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto W07 |
| Neighbourhood: | Stonegate-Queensway |
| Tax: | $14,500 |
| Fireplace: | N |
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