Description
For Sale: Commercial Office Condo – Prime Location in the Southwood Office Centre!
Looking for the perfect investment property? The property is currently leased. Currently leased through December 2027. Easily accessible off South Atherton Street, providing high visibility and convenience for clients and employees alike.
The tenant is responsible for all condo expenses, including utilities, real estate taxes, insurance, and monthly condo association fees, making this a true NNN-style investment with minimal landlord obligations. The lease also provides one remaining two-year renewal option, extending upside and stability for the next owner.
Investment Highlights:
In-place lease through December 2027
Current rent: $1,255.54/month
Tenant pays all expenses: utilities, taxes, insurance, and condo fees
One (1) two-year renewal option remaining
Great Year 1 cash-on-cash return
Low-maintenance, passive investment
Location
Listed By
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Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 29th April, 2026 10:33 PM (UTC)
Listing Agent: Jason Krout
Listing Office: Keystone Real Estate Group, LP
Attribution contact:
