Listing details For 1006 Magnetic Dr Show navigationShow navigation

1006 Magnetic Dr (Steeles West And Alness)

  • Price: $650,000/Plus Stock 
  • Status: Commercial for Sale  
  • MLS#: W4297996
  • $650,000/Plus Stock Calculator
  • Tax: $2.85/T.M.I. (2018)
  •  
    • Community: York University Heights
    • City: Toronto
  • 1 Baths
  • Sale Of Business Type
  •  7158 SqFt
  • Outside/Surface Garage
  • Home Improvement Style
  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsSan+Storm, Municipal
Listing Contracted With: SUTTON GROUP-ADMIRAL REALTY INC., BROKERAGE

Description

Family Owned Flooring Company Serving Both Residential And Commercial Customers In The Gta Over The Past 35 Years Offering A Wide Array Of Flooring Options, Including Hardwood, Laminate, Cork, Luxury Vinyl Tile Or Plank, Carpet (Broadloom) And Carpet Tile As Well As Area Rugs. Currently Operating Retail Showroom From An Industrial Mall Near The Big Box Stores At Steeles West Near Dufferin. Share Sale. Includes Working Capital Of $200,000 At Closing.

Highlights

Current Lease From April 1, 2018 To March 31, 2023. $5.75/Sf Net Plus Escalations Of $0.25 Per Year. Tmi Currently Estimated At $1,700/Month. Working Capital Defined As Cash + Accounts Receivable + Inventory - Accounts Payable

Agent Photo

Yasmin Breniov

Sales Representative


Monthly Payment Estimator

$

% ($50,000 down)


Mortgage Amount: $

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% Rates Vary


Est. Monthly Payment: $

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Agent Photo

Yasmin Breniov

Sales Representative

Sutton Group Admiral, Brokerage
1881 Steeles Ave. W. Toronto, Ontario, Canada M3H5Y4

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