3 Harwood Avenue Ajax, Ontario

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:4555)