ON > Ajax > Central East
Ajax, ON L1Z 1W4,365 Kingston RD E
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Ajax, ON L1Z 1W4,365 Kingston RD E
Ajax, ON L1Z 1W4,365 Kingston RD E
Ajax, ON L1Z 1W4,365 Kingston RD E
Ajax, ON L1Z 1W4,365 Kingston RD E
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 4,600,000
Est. payment /mo
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Active

365 Kingston RD E Ajax, ON L1Z 1W4

6,546 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,546 sqft

Price per Sqft $702

Subdivision Central East

MLS Listing ID E12051732

Building Age 100+

Annual Tax Amount $47,980

Tax Year 2024

Property Sub-Type Commercial Retail

Lot Depth 129.0

Lot Front 174.0

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.

Location

Province ON

County Durham

Community Central East

Area Durham

Interior

Cooling Yes

Exterior

Utilities Available Available

Lot Frontage 174.0

Lot Depth 129.0

Others

Security Features No

Listed by ENSO REALTY INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

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365 Kingston RD E

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