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1200 Tapscott Road
Toronto E11, ON M1X 1M5
Price
$14,900,000
Building Size
41,679 sq ft
Lot: 2.00 acres (87,120 sq ft)
MLS# E13594820 | Listed by Royal Lepage Proalliance Realty
Business Details
Property Use
Multi-Unit
Commercial Space & Financials
Industrial Area
32,078 sq ft
Office / Apt Area
9,601 sq ft
Taxes (Annual)
$74,557
Industrial Specifications
Clear Height
18 ft
Lot Size
359.6' × 218.43'
Structure
Freestanding
Property Description
A great opportunity to acquire a premium, high-visibility industrial asset situated on a prominent 2-acre corner lot in a highly sought-after Scarborough employment hub. This property is being offered for the first time in years. 41,679 square feet of brick construction, this quality building offers a Buyer flexibility for their business use. 10,263 square feet is leased to a tenant while the remainder can be available for an end-user. The ceiling height is 18' clear, numerous truck level doors and drive-in doors provide for easy shipping. The property is well located between the 407 & 401. The roof was replaced in 2023 for $580,000 thereby minimizing near-term CAPEX. There is an existing cell tower lease providing passive revenue. Phase 3, 600 Volt, 600 Amp 4 Wire Electrical is available. A current Phase I & II and other property information are available to interested parties upon signing a confidentiality agreement.
Price & Status History
Price history is locked
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Guided by Vick Yogeswaran • REALTOR®
RE/MAX Realtron Realty Inc., Brokerage
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Listing Courtesy of: Royal Lepage Proalliance Realty
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
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