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    6700 Montevideo Rd

    Mississauga, ON L5N 1V1
    • $3,395,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: W4840269
    UPDATED: 114 min ago
    $3,395,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Commercial
    County:
    Area:

    Description

    Rarely Offered For Sale, 6 Unit Retail Plaza Located In A Busy Neighbourhood In Meadowvale. Property Is On A 0.85 Acre Lot, Zoning Is C1 Commercial Retail. All 6 Units On Long Term Leases And All Have Separately Metered Utilities. Plaza Has Approx 35 Parking Spots, Monitored By 24 Hour Cctv Security System. Estimated Cap Rate Is 3.77% This Year 3.99% Next Year. **Parking Lot Is Currently Being Completely Repaved** Work Will Be Complete In 2 Weeks

    Extras: Tenants Are Guardian Pharmacy, Physiotherapy Clinic, Hair Salon, Greek Restaurant, Kabob Restaurant And Convenience Store. 5/6 Tenants Under New Leases. Gross Income Approx $177K ('20) & 185K ('21), Noi Approx $128K( '20) & $135K ('21).

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    Listing information © 2020 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or HomeLife Regional Realty Ltd.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2020-08-07T06:43:05.78.
    www.theramosteam.com/homes/108114822
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    6700 Montevideo Rd Mississauga, ON L5N 1V1

    • Price: $3,395,000
    • Status: Active
    • Updated: 114 min ago
    • ID#: W4840269
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighbourhood:
    Meadowvale
    County:
    Ontario
    Area:
    Mississauga
    Property Description
    Rarely Offered For Sale, 6 Unit Retail Plaza Located In A Busy Neighbourhood In Meadowvale. Property Is On A 0.85 Acre Lot, Zoning Is C1 Commercial Retail. All 6 Units On Long Term Leases And All Have Separately Metered Utilities. Plaza Has Approx 35 Parking Spots, Monitored By 24 Hour Cctv Security System. Estimated Cap Rate Is 3.77% This Year 3.99% Next Year. **Parking Lot Is Currently Being Completely Repaved** Work Will Be Complete In 2 Weeks

    Extras: Tenants Are Guardian Pharmacy, Physiotherapy Clinic, Hair Salon, Greek Restaurant, Kabob Restaurant And Convenience Store. 5/6 Tenants Under New Leases. Gross Income Approx $177K ('20) & 185K ('21), Noi Approx $128K( '20) & $135K ('21).
    Exterior Features

    Double Man Shipping Doors 0 Drive In Level Shipping Doors 0 Freestanding Yes Garage Type Plaza Grade Level Shipping Doors 0 Lot Depth 0.00 Lot Front 0.85 Lot Irregularities 151.24 X 125.20 X 130.85 X 180.34X166.91 Lot Size Code Acres Parking Spaces 50 Rail N Truck Level Shipping Doors 0

    Interior Features

    Air Conditioning Y Basement N Elevator None Heat Type Gas Forced Air Closd Retail Area 5673 Retail Area Code Sq Ft Total Area 36941.70 Total Area Code Sq Ft

    Property Features

    Approx Age 31-50 Category Retail Commercial Type Commercial/Retail Cross Streets Derry Road/Montevideo Road List Price Type For Sale Lot Code Lot Occupancy Tenant Sale Or Lease Sale Seller Property Info Statement No Sewer San+Storm Sprinklers Y Tax Year 2019 Taxes 28893.36 Taxes Type Annual Use Retail Store Related Utilities Y Water Municipal Zoning C1 Commerical

    Listing courtesy of Royal Lepage Meadowtowne Realty, Brokerage.
    Listing information © 2020 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or HomeLife Regional Realty Ltd.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2020-08-07T06:43:05.78.
     
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    HomeLife Regional Realty Ltd.
    823 College St
    Toronto ON, M6H2P9