1 / 217060 AIRPORT ROAD
Mississauga (Malton), Ontario, L4T2G8
$1,499,000
Living area
1,800 square feet
About this property
Sale of Live Work Retail Property with 3 furnished residential units [2 bedrooms (Kitchen,1 washroom) Apartment + 1 bedroom (kitchen, 1 washroom) Apartment on 2nd floor + 1 bedroom (kitchen, 1 washroom) apartment in the basement + RETAIL unit on main floor and part basement]. Freshly updated interiors of all the units in the property with ample natural light. Currently used as a Medical Spa & BeautyTraining Centre. Plaza has multiple permitted uses and ample parking. Main floor Approx 900 sq.ft + Second floor Approx 900 sq.ft + Additionally Approx 900 sq. ft finished Basement. Close to Major highways-407, 427, GO station Prime intersection - Derry/Airport. Perfect for Investors: Income generating Asset 2nd floor units: 2 bedroom+1 bedroom fully furnished currently operated as AIRbnb through property management company and generating $5000 per month; 1 Bedroom basement unit leased for $1200 per month + Retail unit has been leased for a term of 5 years for $5500 per month. CAP RATE Approx over 7.5%. (id:66779)
Details
- Cooling
- Fully air conditioned
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Directions
- Cross Streets: Derry Rd E/Airport Rd. ** Directions: Off Hwy 401, take Dixie Rd exit, head north on Airport Rd to #7060.
- Fireplace
- No
- Water source
- Municipal water
- Tax annual amount
- 7,714.15
- Zoning description
- Commercial
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