282 Monarch Avenue
282 Monarch Avenue, Ajax, ON, L1S 2G6
Leased
Property Highlights
-
- Unit #22 at 282 Monarch Avenue consisted of 22,350 SF located in the heart of Ajax’s downtown core. The deal was structured on a gross lease involving a private training/hockey rink facility user.
- 4 units totaling to 7,800 SF were leased out to a tattoo shop, crosby training, card collectible, and vintage vendors.
- An additional 3 other units totaling 5,000 SF was successfully transacted for a wedding décor business, dance studio, and a boutique store.
- The last unit that was available consisted of 5,600 SF where the team secured an automotive detailing type use at this unit. The term was 5 years and to date has been operating successfully for 1.5 years.
Property Details
- Property Type: Retail, Mixed Use
- Availability: Closed
- Transaction Type: Leased
- Available SF: 45,300 SF
Financial Summary
Investment Highlights
| Price | $0.00 |
| Price / Unit | $0.00 |
| Gross Rent Multiplier | 0.00 |
| Proposed Loan Amount | $0.00 |
| Initial Investment | $0.00 |
Income & Expenses
Income |
Potential |
Current |
Expense |
Potential |
Current |
Total Expenses |
$ 0.00 |
$ 0.00 |
| Net Operating Income | $0.00 | $0.00 |
| Less Debt Service | $0 | $0 |
| Potential Net Cash Flow | $0.00 | $0.00 |
| Cash on Cash Return | 0.00 % | 0.00 % |
| Capitalization Rate | 0.00 % | 0.00 % |
Rent Roll
Unit |
BR/BA |
Current Monthly Rent |
Potential Monthly Rent |
Status |
Lease Expires |
|
Totals |
$ 0.00 |
$ 0.00 |
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