365 Kingston Road E Ajax ON L1Z 1W4
Listing ID
#E12051732
Property Type
Commercial Retail
County
Durham
Neighborhood
Central East
Days on website
46
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.
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List Price:
$ 4600000
Taxes:
$ 47981
Air Conditioning:
Yes
Approximate Age:
100+
Heat Type:
Gas Forced Air Closed
Lease:
For Sale
Lot Shape:
Irregular
Utilities:
Available
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Direct link:
https://www.search.durhamregionhomesales.com/listings/direct/9bab351d25146b5b285118179f3933cd
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Listed By:
ENSO REALTY INC.
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Last Updated On:Friday, May 16, 2025 at 7:55 AM