Toronto E11 M1X 1M5
Canada

Property

Ownership: For Sale
Type: Unknown
Bathrooms: 6

Financials

Price:C14,900,000
($10,571,400)
(€9,267,900)
Annual Taxes:C74,557
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

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.

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 long-term 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.

Amenities

  • Major Highway
  • Public Transit

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.