Toronto W05 M3N 1X1
Canada

Property

Ownership: For Sale
Type: Unknown
Pets: No Pets Allowed

Financials

Price:C43,990,000
($32,066,500)
(€27,755,300)
Annual Taxes:C193,339.30
505 Park Ave, New York, NY 10022

Attractive multi tenant industrial investment opportunity in a highly sought after location with prominent Highway 400 frontage and excellent exposure.

    Description

    Attractive multi-tenant industrial investment opportunity in a highly sought-after location with prominent Highway 400 frontage and excellent exposure. The property is anchored by long-term tenants providing stable in-place income, with additional upside through lease-up of vacant space and rent rate growth as existing leases expire. Strategically positioned with close proximity to all major GTA highways and Pearson International Airport, the asset is ideally suited for logistics, distribution, and light manufacturing, offering investors durable cashflow today with strong long-term growth potential. The building at 110 Norfinch Drive comprises 60,366 sq. ft. with 9 truck-level doors and 2 drive-in doors while 114 Norfinch Drive comprises 69,924 sq. ft. with 12 truck level doors and 1 drive-in door, for a combined total area of 139, 290 sq. ft.

    All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

    All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.