365 Kingston Road E Ajax, Ontario L1Z 1W4
$4,600,000
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:60626)
Business
| Business Type | Institutional |
| Business Sub Type | School |
Property Details
| MLS® Number | E12051732 |
| Property Type | Retail |
| Neigbourhood | Midtown |
| Community Name | Central East |
| Features | Irregular Lot Size |
Building
| Age | 100+ Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 6546.1 Sqft |
| Size Interior | 6,546 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 129 Ft |
| Size Frontage | 174 Ft |
| Size Irregular | 0.59 |
| Size Total | 0.59 Ac |
| Size Total Text | 0.59 Ac |
| Zoning Description | Gc |
Contact Us
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May 21 2025 08:13:52
Toronto Regional Real Estate Board
Enso Realty Inc.
