Rare freestanding auto service building with direct Highway 401 exposure and flexible MC Industrial Commercial zoning permitting a broad range of automotive, service, industrial and commercial uses.
| Website: | https://www.nestseekers.com/5544126 |
|---|---|
| Address: | Toronto W05 M9M 1A9 Canada |
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
Financials
Price:C4,199,000
($3,021,100)
(€2,599,700)
Annual Taxes:C26,120.15
Description
Rare freestanding auto-service building with direct Highway 401 exposure and flexible MC (Industrial-Commercial) zoning permitting a broad range of automotive, service, industrial and commercial uses. Set on Wilson Avenue just east of the Highway 400/401 interchange, the approx. 3,600 SF brick building offers five drive-in service bays on an approx. 0.44 acres site with use useable outdoor/yard area, including excess rear land for expansion, additional yard or vehicle storage. Multiple income streams are in place; an automotive service and used-car sales tenancy, rear-lot tenancy, and a long-term Bell Canada rooftop ground lease; purchase with tenants in place or take vacant possession. Vendor-take-back (VTB) financing available to qualified buyers, and existing shop equipment is available at additional cost. Recent Phase I and Phase II Environmental Site Assessments on file. Exceptional access: minutes to Highways 400, 401 and 407, Allen Road, Yorkdale and Pearson International Airport, with TTC transit at the door. A turnkey opportunity for an owner-operator automotive user or a value-add investor seeking in-place income with upside in the excess land.
Amenities
- Available
505 Park Ave, New York, NY 10022 Phone: +1 212-252-8772 Fax: +1 212-252-9347 |