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$998,000
Ajax
#26 1901 Harwood Avenue North, Ajax (Northeast Ajax), Ontario, L1T0K8
This retail property in Ajax is for sale offering roughly 968 sq ft of space.
Prestigious Investment Opportunity - Acquire a premium, income-producing commercial asset in one of Ajax's most established and sought-after retail destinations. This exceptional unit is fully leased to a well-established franchise butcher shop and take-out restaurant, offering investors secure and predictable cash flow from a recognized brand. The property generates $6,000 per month in gross rent, plus HST, and is backed by a brand new 5-year lease with an additional 5-year renewal option, providing long-term income stability and exceptional investment security. Ideally positioned at the main entrance to the plaza, the unit benefits from maximum visibility, prominent signage exposure, and continuous vehicular and pedestrian traffic. Surrounded by a thriving mix of national and local retailers within a densely populated and rapidly growing community, this location continues to experience strong consumer demand and sustained commercial activity. Whether you're expanding an established commercial portfolio or acquiring a turnkey investment with a quality covenant tenant, this is a rare opportunity to own a prime retail asset in a high-demand market with reliable, long-term income and outstanding future appreciation potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 90 days on market, against an average age of 53 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 (Northeast Ajax) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $998,000, about 7.7× the local median household income of $130,000.
Carrying it typically needs a household income of about $194,944 (20% down, 25-yr amortization, stress-tested) — roughly 50% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1T)
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