Stan Smyer Oakville Real Estate

Dupont/Ossington (Toronto, Ontario, CA)
$6,495,000 NEWPORT Market




"Developing Neighborhoods"
 

Oakville Real Estate


Stan Smyer
 
Stan Smyer
Email Stan
 
Phone: 905.901.9000
 
Details

Type: Commercial Style:  Size: 19,579 sq. ft. "1140, 1152 & 1162 Dupont " Lot Type: Rectangular Lot Size:  30979sq. ft.  Has Suite: Yes
 
Description

* Excellent Investment Property Fully Leased-Corner Location* This is the "only corner" visible, convenient and easily accessible from all sides * Huge future redevelopment, ALL area under redevelopment right now * Very Attractive * The best opportunity to own the property for Owner/User or Investor as well * There is walk-in traffic from the residential areas surrounding Dupont and Bathurst Streets * With the expansion of the city, the major population is around this site * * Well – established family operated business in busy traffic district *
* Long term devoted client base * Very much a turnkey operation - vendor will assist with training * Great Visibility on heavily traveled streets * Very will exposure * Excellent location, next to all facilities * All equipment in good working condition * Call me for more detail information, lease and financial information * LOTS OF OPPORTUNITY TO INCREASE INCOME * BEST TIME FOR QUICK SALE!!! *
 
Highlights

Secure Tenants
Long Term Leases
Escalating Rents
Developing Neighborhoods
1140 Dupont Street:
Area: 1,452 Sq.M.
Perimeter: 154 m.
Frontage: 110.00 F.
Depth: 141.00 F.
Leasable area: 15,561Sq.Ft.
Survey: Available
1152-1162 Dupont Street:

Area: 1,426 Sq.M.
Perimeter: 151 m.
Frontage: 115.00 F.
Depth: 141.00 F.
Leasable area: 4,018 Sq.Ft.
Survey: Available
1140 Dupont St.
• Currently vacant but potential income of about $240,000 per annum;
• Taxes are about $26,112 per annum;
• Insurance are about $2,427.54 per annum.
1152-62 Dupont St.
• Rental Income about $102,000 per annum currently but potential income around $110,000 per annum;
• Taxes are about $27,779 per annum;
• Insurance are about $1,995.60 per annum.
Therefore, total potential income is $350 000 per annum and the expenses would be $58 314.05 per annum, therefore the projected net income could be approximately $292 000 per annum.
YOU CAN GO DIRECT BUT YOU CANNOT SPEAK WITH TENANTS OR EMPLOYEES. VENDOR DOES NOT WANT ANY ONE - PURCHASERS OR AGENTS TO ASK ANY QUESTIONS. AGENTS AND PURCHASERS MUST FOLLOW TREB RULES AND REGULATIONS 1140 Dupont Street is currently vacant but the Landlord is dealing with few potential tenants for this site. At 1152 Dupont Street the tenant is a furniture store for many years.

Brokered and Advertised by:   RIGHT AT HOME Realty, Real Estate Brokerage P2#35377976
 

Information is deemed to be correct but not guaranteed.