$1,499,999

1439 Graham's Lane

Burlington ONTARIO, L7S 1W5

Description

Square footage supplied by Owner (leases) and verified by agent measuring the perimeter of the building. Tenant #1 100% office, just renewed Lease until June 14, 2021 with no option to renew. Paying currently $45,600.00 per annum including T.M.I. Rent escalates $2,400.00 each year.= $50,400.00 last year of lease. Tenant #2 Automotive repair facility, Just renewed lease for five years starting Jan. 1st 2019. Paying $61,800.00 per annum for 2019. rent escalates $1,200.00 per annum every year with no option to renew $66,600.00 last year of lease Total 2019 Income $107,400.00 Semi Gross LESS Landlord expenses - $33,635.00 (2019). = $73,765.00 Metal roof (pitched) March 2009, Membrane (flat) roof 2010, Office Heat/Ac 2011. Note Landlord Landlord exp. numbers included 32X100 land lease @$3,250.00 per annum. Phase 2 Enviro done 2019 (Pinchin)

Details

MLS#H4058325
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site57

Features

SQ Feet8,500
Story(s)1

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Area Information

ProvinceOntario
CountyHalton
CityBurlington
Postal CodeL7S 1W5
AreaHalton
Listing VS Median (in L7S 1W5)
Price:
$1,499,999
low | high
Med:
$1,499,999
50% of Average
SqFt:
8,500
low | high
Med:
8,500
50% of Average
$ / SqFt:
$176
low | high
Med:
$176
50% of Average
On Site:
57
low | high
Med:
57
100% of Average
Listing Updated: 10/14/2019
MLS Number: H4058325
Listing Provided By:
Scott Overell  of  Martel Commercial Realty Inc.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Hamilton-Burlington.