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Ajax
3 Harwood Avenue South, Ajax (Central), Ontario, L1S2C1
This retail property in Ajax is for sale offering roughly 8,400 sq ft of space. It has been on the market 15 days, fresher than the Ajax average of 51 days.
Excellent investment opportunity to acquire a 100% leased, 10-unit commercial plaza at 3 Harwood Avenue South in Ajax, strategically located near Kingston Road. The property benefits from a strong occupancy history, stable rental income, and a diverse tenant mix including a dental clinic, professional services, convenience store, and quick-service restaurants serving the surrounding residential community. The property offers abundant on-site parking and full ingress and egress for both northbound and southbound traffic on Harwood Avenue, with no centre median restricting access. Zoned UC - Urban Commercial and designated Mixed Commercial Corridor under the Official Plan. The property provides existing income with potential for future rental growth and longer-term mixed-use, mid to high-rise development potential, subject to required municipal and other approvals. All measurements and square footages are approximate and shall be independently verified by the Purchaser. Property is generating an annual gross operating income of approx. $351,000. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 51 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 26 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Ajax (Central) has been listed for 15 days, which is 36 days fresher than the city average of 51. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Source: Statistics Canada, 2021 Census (FSA L1S)
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