351-353 Main St E Investment Details
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Transcript of 351-353 Main St E Investment Details
351-353 Main Street East, Milton, ON
• Approximately 7,500 square feet in total - 2 retail tenants and 3 residential apartments
• 2 residential apartments vacant and fully retrofitted including new appliances – ready for tenants
• Within the Intensification Zone – Future redevelopment potential
• Private parking downtown Milton
• Steps to all amenities and Milton GO
• Centre ice location
• Zero historical vacancy
For more information, please contact:www.jll.caKevin Kelley*
Vice President
+ 1 905 755 4647
TENANCY AND INCOME INFORMATION
Tenant Area Rent / Month
Dr. N Maini (Dentist) 1,500 sf $1,517 plus HST (heat hydro gas included)
Spaws Animal Grooming & Training 1,500 sf $1,047.62 plus HST (heat hydro gas included)
Residential Apartment 1 (Vacant) * 1,500 sf $1,500 (tenant pays all utilities)*
Residential Apartment 2 (Vacant) * 1,500 sf $1,500(tenant pays all utilities)*
Residential Apartment 3 (Occupied) 1,500 sf $1,500 (tenant pays all utilities) *
Totals
* $1,500 per month rental estimate for 2 bd
rm + 2 bth rm with parking in downtown
Milton; zero historical vacancy
7,500 sf $7,064.62
Projected Income Fully Leased * $84,775.44
APPROXIMATE ANNUAL COSTS (2015)
Expense Type Annual Amount
Hydro / Water $7,007.80
Property Taxes $13,595.36
Gas $686.85
Garbage / Landscape $2,449.51
Snow Plowing $947.50
Approximate Annual Costs $24,687.02
SURVEY & LEGAL DISCRITPION
PROPERTY ZONING
CENTRAL BUSINESS DISTRICT - B
351-353 Main Street East, Milton, ONwww.jll.ca
Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the
accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the
recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2014. Jones Lang LaSalle. All
rights reserved.
For more information, please contact:Kevin Kelley*Vice President
+ 1 905 755 4647
LOCATION MAP
THE FUTURE OF DOWNTOWN MILTON
PRICE - $1,300,000