122-41 Lebovic Avenue For Sale

Toronto, Clairlea-Birchmount, M1L 0H2

$459,000

Description

Listed by RE/MAX ETERNITY REALTY.

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!

Location

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  • Address: 122-41 Lebovic Avenue
  • Neighborhood: Clairlea-Birchmount
  • City: Toronto
  • State: Ontario
  • Postal Code: M1L 0H2

Property Details

  • Property ID: E11882766
  • Property Price: $459,000
  • Style: Commercial/Retail, Retail
  • Sq/Ft: 802
  • A/C: Y
  • Heating: Elec Forced Air
  • Taxes: $6,031.00 (2024)
  • Property Manager: Duka Property Management Inc.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100