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122 - 41 Lebovic Avenue Toronto, Ontario M1L 0H2

802 ft2
Fully Air Conditioned Forced Air

$459,000

Heres a fantastic opportunity to invest in a high-traffic commercial plaza located in a prime area surrounded by national big-box retailers, major banks, national car dealerships, and the Eglinton Town Centre Cineplex right across the street.This property offers a unique investment opportunity with three year lease contracts in place, gross rent of $ 2800 per month with 10% rent increase every year. With long-term tenants in place and well-established contracts, the property generates reliable cash flow, making it an excellent choice for income-focused investors. Don't miss out on the chance to add this lucrative asset to your portfolio! (id:51158)

MLS: E11882766 For sale : 122 – 41 LEBOVIC AVENUE Attention Investor! High Traffic commercial plaza surrounded by national big box retailers, major banks, national car dealerships and cineplex eglinton town centre right across the street. One of the food court unit face the front entrance. Modern design food court with lots of seats. current lease ends on June 6, 2025 with an option to renew for 3 years. (id:51158)

Property Details

MLS® Number E11882766
Property Type Retail
Community Name Clairlea-Birchmount

Building

Cooling Type Fully Air Conditioned
Heating Fuel Electric
Heating Type Forced Air
Size Interior 802 Ft2
Utility Water Municipal Water

Land

Acreage No
Zoning Description Commercial, Hospitality

https://www.realtor.ca/real-estate/27715801/122-41-lebovic-avenue-toronto-clairlea-birchmount-clairlea-birchmount

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