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About the Listing 413100 -
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.
Listing Highlights for 365 Kingston Rd E
Status
Active
Days on Site
163
Property Type
Commercial Sale
MLS ®
E12051732
Year Built
Total Square Footage
6,546
Lot/Acreage
0.59
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Yes
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $47,981
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
365 Kingston Rd E Ajax, ON L1Z 1W4
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