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10 Chisholm Ct

1.53 Acres of Commercial Land Offered at $4,780,000 CAD in Ajax, ON L1S 4N8

Investment Highlights

  • Prime Commercial Property for Auto Repair Center - conveniently located near the bustling Westney Rd, a major city street

Executive Summary

**Reduced - Auto Repair Hub in city center of Ajax - Seize the opportunity to own a strategically designed industrial complex for a multi motor vehicle/body repair shop services. This site boasts ten spacious units, each tailored to optimize operational efficiency and multi-use bays. With city zoning and permits already secured, this investment is primed for immediate development. The foresight in design translates to a reduction in lead time for operational readiness, increasing the potential for a rapid return on investment (ROI). This is not just a plot of land but a launchpad for a lucrative enterprise in a thriving automotive service with 10% YoY appreciation industry. Spanning 66,348 square feet with a city approved Site plan of 23,143-square-foot to accommodate for 10 Motor Vehicle Mechanical shops with 18 high-efficiency service bays and parking for 55 vehicles, this property offers an investor a ready-to-develop opportunity for a cutting-edge automotive repair facility site rare in GTA. This investment is of impressive scale with an optimized planned layout for a motor vehicle repair complex. With all necessary zoning and permits in place, it represents a ready-to-go opportunity for rapid development and quick market entry.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual (CAD) Annual Per AC (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per AC $9.99
Other Income (CAD)
Annual -
Annual Per AC -
Vacancy Loss (CAD)
Annual -
Annual Per AC -
Effective Gross Income (CAD)
Annual $99,999
Annual Per AC $9.99
Taxes (CAD)
Annual $99,999
Annual Per AC $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per AC $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per AC $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per AC $9.99

Property Facts

Price $4,780,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Mixed Use
Total Lot Size 1.53 AC

1 Lot Available

Lot

Price $4,780,000 CAD
Price Per AC $3,131,127 CAD
Lot Size 1.53 AC

1.53 acres / 66,499 SF with a total build space of 23,133 square feet distributed across various units.

Description

Discover this exceptional property just 5 minutes from the highway and conveniently located near the bustling Westney Rd, a major city street. Surrounded by well-established businesses, this location is perfect for transforming into an auto repair center plaza. Capitalize on the thriving business environment and offer a variety of auto services in a high-demand area. Don't miss this unique opportunity to establish your auto repair center in a prime location. Zoning also permits for other use

zoning

Zoning Code GE
GE
  • Listing ID: 30944363

  • Date on Market: 2024-02-13

  • Last Updated:

  • Address: 10 Chisholm Ct, Ajax, ON L1S 4N8

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