365 Kingston Road

Ajax, L1Z 1W4
FOR SALE
$4,600,000
365 Kingston Road, Ajax
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
365 Kingston Road
Commercial Retail
CATEGORY
6,546 Sq Ft
TOTAL AREA
E12051732
MLSID
Contact Us
Property Description
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.
Property Details
Address
365 Kingston Road
Community
City
Postal Code
L1Z 1W4
Property Type
Commercial Retail, Commercial Retail
Use
Institutional
Zoning
GC
Lot Size
174' x 129'
Total Area
6,546 Sq Ft
Acreage
0.6 Feet
Taxes
$47,981 (2024
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
Listing contracted with Enso Realty Inc.
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