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SaleIndustrial

773 Warden Avenue

Toronto E04, ON M1L 4C2

Price

$13,850,000

Building Size

101,494.8 sq ft

MLS# E12805042 | Listed by PROPERTY.CA INC.

Business Details

Property Use

Multi-Unit

Hours / Days

Open 7 Days

Franchise

No

Commercial Space & Financials

Retail Area

8,000 sq ft

Industrial Area

20,200 sq ft

Office / Apt Area

600 sq ft

Taxes (Annual)

$69,940

Industrial Specifications

Clear Height

20 ft

Lot Size

187' × 461.2'

Structure

Freestanding

Property Description

Excellent Investment Opportunity In The Heart Of Scarborough's Golden Mile! Located On A Prime Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Free-Standing Industrial Building Offers Approx. 2.33 Acres. Of Land With Multi-Tenant Spacse With Approx. 20-Foot Clear Height. Featuring Multiple Motor Vehicle Service Units, Office Units, And Retail Spaces. Each Unit Includes Multiple Large Drive-In Doors All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate You Won't Find Anywhere Else, And Significant Upside For Future Income Growth With The Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants.

Price & Status History

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Listing Courtesy of: PROPERTY.CA INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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