Main Photo: 10 Chisholm Court W in Ajax: South West Property for sale : MLS®# E8046500
Photo 1: 10 Chisholm Court W in Ajax: South West Property for sale : MLS®# E8046500
Photo 2: 10 Chisholm Court W in Ajax: South West Property for sale : MLS®# E8046500
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
E8046500
Auto Repair Hub in city center of Ajax - Seize the opportunity to own a strategically designed industrial complex for a multi motor 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 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
Westney Rd S / Clements Rd W
Property Type:
Commercial
Commercial Type:
Industrial
Approx. Age:
New
Depth:
321'6"
Frontage:
339'4½"
Total Area:
1.53 acre(s)
Industrial Area:
23,133 sq. ft.
Zoning:
GE
Heating type:
None
Basement:
None
Garage:
Double Detached
Total Parking Spaces:
55
Possession Details:
immediate
Lot Irregularities:
110.68 X 339.37Ft. X 321.53F
Taxes:
$10,800 / 2023
Assessment:
$- / -
Utilities:
N
Water supply:
Municipal
Seller Property Info Statement:
No
Maintenance Fee:
10000.0
Physically Handicapped-Equipped:
No
Air Conditioning:
N
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
Clear Height:
14'
Log/Bldg/Unit Code:
Lot
Percent of Building:
35
Soil Test:
Yes
Sprinkler system:
No
Survey Available:
Yes
Type Taxes:
Annual
Category:
Multi-Unit
Freestanding:
Yes
Gross income:
$693,780
Expenses Actual/Estimated:
Estimated
Insurance Expenses:
10000
Operating Expenses:
$80,000
Tax Expenses:
$60,000
Year Expenses:
2025
Net Income Before Debt:
$613,780
Date Listed:
Feb 06, 2024
Original Price:
$4,780,000
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Data was last updated March 2, 2024 at 11:55 AM (UTC)