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2 Rogers Rd Toronto, Ontario M6E 1N4

4,000 ft2
Partially Air Conditioned Radiant Heat

$2,100,000

Updated And Fully Leased Corner Property With 3 Commericial and 1 Residential Tenant + Signage Income From Billboard. Property Generates Approx $88K Gross Income In Year 1, For Approx $75K Net income (Buyer To Verify). Rent Escalates Year Over Year And All Commercial Tenants Are In First Year Of Their 5 Year Term. Residential Tenant Occupies Large Renovated 3 Bedroom Apartment On 2nd Floor With Covered Deck/Terrace And Pays $3,500.00 Per Month + Hydro. Billboard Is Generating $2,850/yr With Escalations. Year 2 Net Rent Is Appprox $80K, Year 3 $85K, Year 4 $90K, Year 5 $95K. Must Be Sold Together With 368 Oakwood Ave MLS #C7332682**** EXTRAS **** Fridge, Stove (id:49444)

Property Details

MLS® Number C7332672
Property Type Retail
Community Name Oakwood Village

Building

Cooling Type Partially Air Conditioned
Heating Type Radiant Heat
Size Interior 4,000 Ft2
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Size Irregular 21.5 X 99 Ft
Size Total Text 21.5 X 99 Ft

https://www.realtor.ca/real-estate/26324634/2-rogers-rd-toronto-oakwood-village

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Dan Vuckovic
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(416) 232-9000

RE/MAX Professionals Inc.
1 East Mall Cres Unit D-3-C
Toronto, Ontario M9B 6G8

(416) 232-9000
(416) 232-1281

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