- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- E8046500
- Photos (19)
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Auto Repair Hub in city center of Ajax - Seize the opportunity to own a strategically designed industrial complex for a multi 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 vacant 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
- Percent of Building:
- 35
- Property Type:
- Commercial
- Property Sub Type:
- Land
- Freestanding:
- Yes
- Approx. Age:
- New
- Total Area:
- 66499 sq. ft.
- Total Area:
- 1.53 acre(s)
- Industrial Area:
- 23133 sq. ft.
- Depth:
- 321'6"
- Frontage:
- 339'4½"
- Water supply:
- Municipal
- Soil Test:
- Yes
- Zoning:
- GE
- Heating type:
- None
- Clear Height:
- 14'
- Survey Available:
- Yes
- Garage:
- Double Detached
- Parking Spaces:
- 55
- Possession Details:
- immediate
- Lot Irregularities:
- 110.68 x 339.37ft. x 321.53f
- Type Taxes:
- Annual
- Taxes:
- $10,800 / 2023
- Assessment:
- $- / -
- Ajax
- South West
- Durham
- Major Highway, Public Transit
- No
- 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
- Available
- Utilities:
- None
- Sewers:
- None
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Gross income:
- $693,780
- Net Income Before Debt:
- $613,780
- Expenses Actual/Estimated:
- Estimated
- Insurance Expenses:
- $10,000
- Tax Expenses:
- $60,000
- Operating Expenses:
- $80,000
- Year Expenses:
- 2025
- Maintenace Expenses:
- $10,000
- Category:
- Designated
- Number of Double Man Shipping Doors:
- 0
- Number of Drive-In Level Shipping Doors:
- 20
- Number of Grade Level Shipping Doors:
- 10
- Number of Truck Level Shipping Doors:
- 0
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Listed by KELLER WILLIAMS REFERRED URBAN REALTY
Data was last updated November 22, 2024 at 04:15 AM (UTC)
- ANDREA SANCHEZ
- KELLER WILLIAMS REFERRED URBAN REALTY, BROKERAGE
- 1 (647) 2673000
- Contact by Email
Andrea Sanchez
Keller Williams Referred Urban Realty, Brokerage
Office Address:
624 KING ST W LOWER LEVEL
Toronto, ON, M5V 1M7