Ajax Archives | Buildings for Sale in Toronto https://buildingsforsaletoronto.com/neighborhood/ajax/ Top Real Estate Listings Fri, 11 Feb 2022 14:11:28 +0000 en-CA hourly 1 https://wordpress.org/?v=7.1.3 Small Plaza for Sale in Ajax Ontario Real Estate https://buildingsforsaletoronto.com/property/small-plaza-for-sale-in-ajax-ontario-real-estate/ Thu, 13 Jul 2017 21:40:46 +0000 https://buildingsforsaletoronto.com/?post_type=property&p=840 We found another great property for you to review.  This is an off-market listing in Ajax that is perfect for anyone looking to enter the market with commercial investment.  It’s a small plaza in south Ajax that is generating cash flow at the moment and have upside in the rents available. Watch the video and […]

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]]> We found another great property for you to review.  This is an off-market listing in Ajax that is perfect for anyone looking to enter the market with commercial investment.  It’s a small plaza in south Ajax that is generating cash flow at the moment and have upside in the rents available.

Watch the video and follow along with this financial reivew

What do you think about the property? Reach out by clicking contacting us or leave a comment below

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]]> Ajax Plaza for sale https://buildingsforsaletoronto.com/property/ajax-plaza-for-sale/ Mon, 09 Jan 2017 16:13:27 +0000 https://buildingsforsaletoronto.com/?post_type=property&p=426 Investment Highlights Current Net Operating Income of $1,136,083, Representing a Cap Rate of 5.41%, with Escalations in Leases Resulting in a Pro Forma Cap Rate of 5.66% 96,817 SF Plaza on Approximately 6.38 Acres Plaza is Currently Fully Leased Property is Priced Below Replacement Cost (Including Land Acquisitions Costs) Net Leases in Place with Minimal […]

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]]> Investment Highlights

  • Current Net Operating Income of $1,136,083, Representing a Cap Rate of 5.41%, with Escalations in Leases Resulting in a Pro Forma Cap Rate of 5.66%
  • 96,817 SF Plaza on Approximately 6.38 Acres
  • Plaza is Currently Fully Leased
  • Property is Priced Below Replacement Cost (Including Land Acquisitions Costs)
  • Net Leases in Place with Minimal Landlord Responsibility
  • Mixed-Use Development Potential with Zoning Permitting the Construction of 25 Stories of Residential High-Rises & Townhouses
  • High Traffic Area with over 29,000 Vehicles Passing the Property Daily
  • City of Ajax has a program in place to waive development charges

Offering Summary

  • Gross Leasable Area: 96,817 SF
  • Lot Size 6.38 Acres
  • Cap Rate 5.66% Pro forma

 

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