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   14
For Sale property id: 59990975
USD 1,128,290 Mortgage Calculator
CAD 1,449,000
1710 Lakeshore Rd. W., Clarkson, Mississauga, Ontario, Canada
  • 2 bedrooms
  • 2 bathrooms
  • Parking Spots
    6
  • Orientation
    West

Description

Great Investment Opportunity, This Building Has Been Recently Renovated (2021) And Has A New Strong 5 Year + 2 X 5 Year Option Commercial Lease. $$ Spent On Restaurant Reno, Plus The 2 Apartments Have Also Been Renovated. 1 X 1 Bedroom Is Currently Leased Out At $1,500 From Aug 1 And Bachelor Is Being Offered At $1,150. Combined Net Approx $68K Or 4.5% Cap Rate. Plus Annual Increases On The Commercial Lease. Clarkson Village, Walk To Restaurants.Units Are Separately Metered, Landlord Pays For Water. Has Room For 4 Private Parking Spots, Plus Ample Parking For Customers Out Front. No Condo Fees, Commercial Tenants Share Cost Of Snow Removal. Laundry For Rez Units In Basement.

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