$430,000

About this property

Excellent opportunity to own a commercial building with a long-term tenant already in place, offering a truly hands-off investment. The current lease runs from October 15, 2025 to October 14, 2030, with the property currently rented for $3,675/month plus GST, including base rent and common area rent. The property is part of a condominium corporation, with condo fees of $394.30/month (plus GST). The condo corporation is responsible for several major maintenance items, including HVAC maintenance and repairs, grass cutting, snow removal, roof maintenance and repairs, exterior window and door repairs and replacement, parking lot asphalt maintenance and repairs, and parking lot line maintenance. A great opportunity for investors seeking stable rental income with minimal day-to-day ownership responsibilities. (id:66946)