2 Rogers Rd Toronto, Ontario M6E 1N4
$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:21328)
Property Details
| MLS® Number | C7332672 |
| Property Type | Retail |
| Community Name | Oakwood Village |
Building
| Cooling Type | Partially Air Conditioned |
| Heating Type | Radiant Heat |
| Size Interior | 4000 Sqft |
| 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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April 03 2024 01:54:51
Toronto Real Estate Board
RE/MAX Professionals Inc.