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5 1680 Midland Avenue
Dorset Park Toronto M1P 3C6

$1,549,000 /For Sale
Commercial

Main Photo: 5 1680 Midland Avenue in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E8442878
Photo 1: 5 1680 Midland Avenue in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E8442878
Photo 2: 5 1680 Midland Avenue in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E8442878
Photo 3: 5 1680 Midland Avenue in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E8442878
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E8442878
Bus Major:
Warehouse
*Only sold together with the adjoining Unit at 1680 Midland Avenue 6 (MLS #E8443556)* This owner-occupied industrial warehouse is being offered as a leaseback, generating an attractive cap rate and capital appreciation potential with a 10+5 triple net lease being offered to the purchaser. Current owners run a successful business at the location and are looking to free up capital for expansion. A true chance to set your own returns as an investor as the new lease will be negotiated directly with the current owners of the property. Well designed rectangular layout with front office/reception area with 2 washrooms. 7 exclusive parking spots and included with each unit. Minutes away from 401 On/Off Ramp and currently zoned as a Vehicle Service Shop with floor plans available upon request.
Property Type:
Commercial
Property Sub Type:
Industrial
Freestanding:
No
Total Area:
2750 sq. ft. Square Feet
Total Area:
2,749.86 sq. ft.
Industrial Area:
2352 sq. ft. Sq Ft
Office/Apt Area:
398 sq. ft. Sq Ft
Depth:
97'5"
Frontage:
28'4¼"
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
E 0.7 (x192)
Heating type:
Gas Forced Air Open
Clear Height:
13'
Garage:
None
Parking Spaces:
7
Possession Details:
TBD
HST Applicable To Sale Price:
Yes
Type Taxes:
Annual
Taxes:
$10,936.96 / 2023
Assessment:
$- / -
Toronto E04
Dorset Park
Toronto
Yes
No
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
No
Condo Fee:
$676.47
Property Management Company:
Capitalink Property Management Ltd
Major Business Type:
Warehouse
Category:
Industrial Condo
Franchise:
No
Employees:
5
Chattels:
No
LLBO:
No
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
1
Height of Drive-In Level Shipping Doors:
10'
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
0
Date Listed:
Jun 14, 2024
Original Price:
Previous Price:
  • Photo 1: 5 1680 Midland Avenue in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E8442878
    Photo 1 of 3
  • Photo 2: 5 1680 Midland Avenue in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E8442878
    Photo 2 of 3
  • Photo 3: 5 1680 Midland Avenue in Toronto: Dorset Park Commercial for sale (Toronto E04)  : MLS®# E8442878
    Photo 3 of 3
Listed by KELLER WILLIAMS ADVANTAGE REALTY
Data was last updated April 19, 2025 at 03:15 PM (UTC)
TOM FERGUSON
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.