365 Kingston Road E, Ajax (central East), Ontario

About 365 Kingston Road E

An outstanding investment opportunity for commercial investors seeking a carefree landlord experience. The property is leased to a AAA+ tenant, a licensed childcare center / daycare / Montessori school under the CWELCC program on a Triple Net Lease, meaning the tenant is responsible for property taxes, insurance, and all maintenance costs. The building is well-maintained. This heritage building was relocated to its current site in 2005 by a developer, who undertook major restorations in 2010, including a new foundation, electrical system, plumbing, flooring, and partial exterior brick replacement. Buyers are advised to verify all building details. The tenant owns stoves, refrigerators, washer/dryer, and all chattels. The current triple-net monthly rent is $20,938 (including HST), with a scheduled increase to $22,807 (including HST) in 2028. (id:6289)

More Info on this Central East MLS® listing

365 Kingston Road E is a listing for sale in Ajax (central East). The MLS® number is E12051732. It covers 6,546 square feet. It's currently listed for $4,600,000. For more details on MLS® E12051732, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Central East is available now!

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