Excellent investment opportunity with this well-maintained commercial/residential building in a prime location. The main floor offers a flexible office layout with 7 offices, currently rented for $2,000/month on a triple-net basis (tenant also pays taxes, utilities, and insurance for the entire building). All interior office walls are non-load-bearing, allowing for maximum customization to suit future needs. The upper level, with a separate entrance, features two apartments: a 2-bedroom unit renting for $1,650/month and a loft-style open-concept apartment renting for $850/month—both on month-to-month leases, utilities included. The building is a former TD Bank, exceptionally well-built, and shows pride of ownership. Current owner occupies the main level and is willing to stay as a tenant for at least three more years, or vacate if buyer wishes to occupy. Vendor is also willing to consider a VTB (Vendor Take-Back) for qualified buyers.
402 frood road
The Ames Team is 5 Real Estate Agents working together to go Above and Beyond to help our clients buy and/or sell their home. Debbie Ames, Terry Ames, Jennifer Ames, Kéandra Beauvais and Jim Loney have a combined 90 years in Real Estate. This team is know to have the best marketing, networking and negotiation skills in the Indrustry. We love what we do because of our clients. They put an incredible amount of trust in us to take care of the purchase or sale of their most important financial asset. Once you are a client you become a friend for life. We Ames To Please!!
