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355 Rexdale Blvd 4,926 SF 100% Leased Retail Building Toronto, ON M9W 1R6 $5,900,000 CAD ($1,197.73 CAD/SF) 5.50% Cap Rate
Investment Highlights
- Excellent exposure on Rexdale Boulevard, with close access to Highway?401, public transit, and major regional routes.
- One-storey structure with full air conditioning and natural gas forced-air heating.
- Surrounded by a dynamic mix of industrial and automotive businesses.
- Zoning E1 permits a variety of light industrial, automotive, and commercial uses.
Executive Summary
Ideal Property For Various Truck Repair, Truck Sale, Vehicle Repair/Service, Sales, Oil Change, Lube Shop, Tire Shop, Brake, Alignment, Steering Shop. Turnkey Automotive Service Shop And Car Wash. Constructed In 2013. one of the tenant can stay as well
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,926 SF
Building Class
C
Year Built
2013
Price
$5,900,000 CAD
Price Per SF
$1,197.73 CAD
Cap Rate
5.50%
NOI
$324,500 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.64 AC
Zoning
E1 - Employment
Parking
5 Spaces (1.02 Spaces per 1,000 SF Leased)
Frontage
162’ on Rexdale Blvd
Amenities
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 25
Videos
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Photos
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355 Rexdale Blvd
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