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SaleInvestment

10 Plastics Avenue

Toronto W07, ON M8Z 4B7

Price

$9,500,000

Building Size

12,000 sq ft

Lot: 0.46 acres (20,125 sq ft)

MLS# W13787914 | Listed by Nucorp Realty International

Business Details

Property Use

Retail

Commercial Space & Financials

Retail Area

8,096 sq ft

Industrial Area

1,904 sq ft

Office / Apt Area

2,000 sq ft

Taxes (Annual)

$28,253

Industrial Specifications

Lot Size

70.33' × 286.66'

Structure

Freestanding

Property Description

Exceptional multi-tenant commercial investment opportunity in South Etobicoke major growth area. This 12,000 SF building is situated on a 0.5-acre site and is fully occupied by 16 tenancies across a diversified mix of retail, wellness, education, professional, personal-service and warehouse uses. Extensive improvements include updated electrical and plumbing systems, insulation, fire-rated partitions, doors, windows, flooring, common areas, HVAC equipment and roofing work. The building offers significant future expansion potential to support additional storeys. Potential expansion of approximately 28,000 SF could bring the total gross floor area to approximately 39,900 SF, subject to verification and all required approvals. Excellent access to Highways 427, 401 and the QEW, with substantial residential intensification planned and underway throughout the surrounding area. An opportunity to acquire stabilized income today with considerable long-term redevelopment and value-add potential.

Price & Status History

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Listing Courtesy of: Nucorp Realty International

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

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