- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- E12498248
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Prime Investment Opportunity in Skycity Shopping Centre!Excellent location at the busy intersection of Finch & Midland, within the highly visible Skycity Outdoor Shopping Centre. Steps to TTC and minutes to Hwy 401 & 404. Ample free surface parking available.Ideal for investors seeking a stable tenant and solid return. Buyer to assume the existing 5-year lease (until August 31, 2030).The unit has been fully renovated and equipped for a bubble tea business, which has been successfully operating for almost 10 years. Includes a 2-piece washroom.Current Gross Rent: $2,442.71 + HST / month, Gross Cap Rate: approx. 7.9%Net Cap Rate: approx. 5.7% Fantastic turnkey investment opportunity with a reliable tenant and consistent income in a high-traffic commercial plaza!
- Property Type:
- Commercial
- Property Sub Type:
- Commercial Retail
- Freestanding:
- No
- Total Area:
- 469 sq. ft. Square Feet
- Total Area:
- 469 sq. ft.
- Retail Area:
- 469 sq. ft. Sq Ft
- Lot Depth:
- 0'
- Lot Frontage:
- 0'
- Lot Details:
- 0.00 x 0.00 Feet
- Bathrooms:
- 1.0
- Water supply:
- Municipal
- Rooms:
- 0
- Zoning:
- Commercial
- Heating type:
- Gas Forced Air Closed
- Cooling:
- Yes
- Garage:
- Plaza
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- Annual
- Taxes:
- $3,965.03 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto E07
- Milliken
- Public Transit
- Yes
- None
- Utilities:
- Available
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- Yes
- Condo Fee:
- $350.84
- Category:
- Commercial Condo
- Franchise:
- No
- Days Open:
- Open 7 Days
-
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Listed by HOMELIFE NEW WORLD REALTY INC.
Data was last updated November 2, 2025 at 06:15 AM (UTC)
- MARY ROMBIS
- CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE
- 1 (416) 3022292
- Contact by Email
6311 Main St.
Stouffville, ON L4A 1G5
maryrombis.com
Realtor®