Last Sold Price
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Overview
Key Facts
Type
Levels Commercial Sale
Size 4328 sqft
Garage
Taxes $29,024
Days Active 3
Lot Size
Approx. Age
Avg. Price Per Sqft $750
MLS® Number C13248374
Property Address: 3rd-fl-31 Atlantic Avenue, Toronto (Niagara), ON, M6K3E7
Average square foot calculated using Size range provided by listing agent.
Description
Main floor and mezzanine income is $7506 plus utilities (water, waste management, gas and hydro)and HST. Original term ends on October 31, 2026. Plus a 5 year option. It is leased to Liberty Grace Church. They are willing to stay and renew for another 5 years. They were looking to buy the property but unfortunately cannot come up with a down payment of 30%.Upper floor income was $5237 plus utilities (water, waste management, gas and hydro) and HST. Currently vacant and being painted, replacing windows and washroom.Tony has not leased the upper unit in case a potential buyer needs the space.Potential income from renting north wall for advertising according to Grassroots Advertising: $36, 000 per year as per their offer to lease. Again Tony is holding off leasing as he prefers to sell the property.Seller pays property tax; $29, 507.47(2025). The main floor is leased to a church and may qualify for a property tax exemption although the current owner has not applied for it.Seller pays property insurance $6, 025.32. (id:58753)Show Description
MLS® NumberC13248374
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel
Extras
Price History
Appreciation
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Avg. Days Listed
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Today, For Sale for $3,250,000
For Sale · 3 days
$3,250,000
MLS® C13248374
3 days ago
Not Sold Yet
June 2026, For Rent for $5,500
For Rent · 3 days
$5,500
MLS® C13248412
3 days ago
Not Leased Yet
Jun 5, 2026, For Sale for $3,250,000
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