0 bed
1 bath
1,225 sqft
Single Family Residence
Built in 1958
7,008 sqft lot
10 parking
Freehold NonStrata
ASY zone
Public remarks
Exceptional Investment Opportunity: Fully Leased Daycare Property with NNN Tenant!! Prime income-producing property with Assembly District zoning. Rezoned in 1997, this well-maintained building is currently leased to a long-term daycare tenant under a triple-net lease, with the tenant covering property taxes, utilities, and maintenance. The recently updated interior includes two bathrooms, an office. and open space for 20 children. The gated parking lot offers ample parking. Assembly zoning allows for schools, childcare, private clubs, and religious use. Please do not enter the building or disturb the daycare operation. Sold as is where is. Showing by appointment.
Private remarks
The buyer is aware that all measurements on the feature sheet are not guaranteed and definitely should be verified by buyers to their own satisfaction. showing by appointment only. Current lease ends May 16th, 2027 with another 5 years renewal option. Current monthly net rent around $5000. Please do not disturb the tenants. Sold as is where is. Vendor takeback mortgage is available to discuss. Showings by appointment only.
Buyer agency compensation
3.25% on the first $100,000 + 1.16% on the balance
$2,080,000 ($1,697/sqft)
Active
Listed
01/16/2025
Expiry date
Original price
Gross taxes (2024)
$5,670.91
Property transfer tax
$40,400.00
Last Updated: 04/03/2025 12:35 PM
Courtesy of Royal Pacific Riverside Realty Ltd.
| Address | MLS® | Changed | List date | Status | List price | Close price | List agent | List office |
|---|---|---|---|---|---|---|---|---|
| 11331 Williams Road | R2958467 | 04/03/2025 12:35 PM | 01/16/2025 | Active | $2,080,000 | Login to view | Krystal Ma PREC* | Royal Pacific Riverside Realty Ltd. |
| 11331 Williams Road | R2921896 | 01/01/2025 04:01 AM | 09/05/2024 | Expired | $2,150,000 | Login to view | Royal Pacific Riverside Realty Ltd. |