Sold

$300,000 or 1350/month

Properties like Unit 231 at 336 Bronte Street South don’t come along often.  In fact, the last sale of ANY unit in this Bronte Street corridor happened a few years ago.

The property is a commercial condominium, measuring 767 square feet, with monthly fees of $177 for building insurance and common element maintenance.

The surrounding businesses in the building include a Montessori school, lawyer, architect, custom home builder and IT professionals.  It’s a quiet, clean, well-kept building.

Why invest in commercial real estate?

Here are a few reasons:

1

Less expenses

The Tenant pays property taxes, maintenance and condo fees.  In residential properties, the Landlord pays these expenses.

2

Tenant improvements

The Tenant in a commercial property will often make improvements to the space that the Landlord can keep.

3

Less turnover

There is generally less turnover and longer leases, with an average lease being somewhere between 2-5 years.

4

More control

Landlords have MUCH more control over eviction, and many more rights than they do in residential tenancies.

 

Call or message us for more information about why this property would be a great fit for your business, or your portfolio.  We are offering this unit either for lease or for sale.

Neighbourhood:

Bronte Meadows

Property Type:

Commercial Condo

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Location

About the Neighbourhood

Bronte Meadows

Built mostly towards the mid-to-late 1980’s just north of the hospital, the boundaries of this area are often confused because of the close proximity to Timberlea, both geographically and with the way the houses look. The lots are slightly smaller in this area, with many “detached” homes linked by the foundation, but still generally much larger properties than you’ll find in the new area. This was the last area to be built before a long pause in building in the 1990’s due to lack of extra water supply in Milton.

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