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837 Finley Ave

3,200 SF 100% Leased Retail Building Ajax, ON L1S 3S2 $1,775,000 CAD ($555 CAD/SF)

Investment Highlights

  • 3-unit plaza with development potential
  • Excellent opportunity for investors
  • Vacant on closing, start fresh

Executive Summary

This 3-unit plaza, located in a mature area, presents a fantastic opportunity for both end users and investors. With significant potential for development, the property can be transformed into 4 semi-detached homes and a single detached property, unlocking even greater value. Currently, the property generates a potential income of $8,000-10,000 net per month, making it a highly lucrative investment. The property can be delivered vacant upon closing, allowing for the flexibility to start fresh with new tenants or begin redevelopment immediately. Whether you’re looking to invest or occupy, this property offers tremendous potential.
Building size is 3,200 SF, lot size is just under 18,000 SF.
Property is currently vacant.

Property Facts

Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront
Building Size
3,200 SF
Building Class
C
Year Built
1979
Price
$1,775,000 CAD
Price Per SF
$555 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.41 AC
Zoning
NC
Parking
10 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
116 ft on Finley Ave

Amenities

  • Bus Line
  • Pylon Sign
Walk Score ®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Curves
CrossFit
Tim Hortons
Sobeys
Coffee Time
Eggsmart
  • Listing ID: 33058137

  • Date on Market: 2024-09-04

  • Last Updated:

  • Address: 837 Finley Ave, Ajax, ON L1S 3S2

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