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3 HARWOOD AVENUE S, Ajax (Central), Ontario

$1

8,400 sq ft

MLS® E14099950

Excellent investment opportunity to acquire a 100% leased, 10-unit commercial plaza at 3 Harwood Avenue South in Ajax, strategically located near Kingston Road. The property benefits from a strong occupancy history, stable rental income, and a diverse tenant mix including a dental clinic, professional services, convenience store, and quick-service restaurants serving the surrounding residential community. The property offers abundant on-site parking and full ingress and egress for both northbound and southbound traffic on Harwood Avenue, with no centre median restricting access. Zoned UC - Urban Commercial and designated Mixed Commercial Corridor under the Official Plan. The property provides existing income with potential for future rental growth and longer-term mixed-use, mid to high-rise development potential, subject to required municipal and other approvals. All measurements and square footages are approximate and shall be independently verified by the Purchaser. Property is generating an annual gross operating income of approx. $351,000. (id:56426)

ADAM GEORGE WATSON

Listed by CREILAND CONSULTANTS REALTY INC.

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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
10,080
Median household income
$113,017
Median home value
$733,407
Owner-occupied
87%
Homes for sale
41
Median list price
$699,900

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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