Investment Opportunity - Beautiful Quite Office Close To 401 & 403. An Office With Oversized Pic Windows Facing Scenic Greenery & Plenty Of Sunlight. Big 2 Off & A Large Boardroom That Seat 10 People. High Ceilings, Engineered Wooden Floor. Nicely Painted And Finished With Oversized Baseboard. In-Unit Roughings For Washroom. Common Washroom For Both Ladies And Gents Available. Currently Tenanted To A Foreign Firm With A Lease Expiring On Sep 14, 2023.
Lease On Expiry Has A Prov. Of Ext To Further 5 Yrs Term. An Ideal Investment Property With Cap Rate Of 5.135 & The Rent Increase Yr To Yr Bringing The Cap Rate Beneficial By Adding Property Appreciation Due To Development In The Area.
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