Nest Seekers

Exceptional multi tenant commercial investment opportunity in South Etobicoke major growth area.

Toronto W07 M8Z 4B7
Canada

Listing

Web ID:5790020
Website:https://www.nestseekers.com/5790020

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C9,500,000
($6,669,900)
(€5,955,800)
Annual Taxes:C28,253

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.

Amenities

  • Major Highway
  • Partial
  • Public Transit

Contact

Simcoe County, Ontario
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario
Phone: +1 905-851-9099
onadmin@nestseekers.com
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