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$3,300,000
Status: For Sale
Excellent Investment Opportunity In The Heart Of Scarboroughs Golden Mile! Located On A Prime Clean Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Brand New Free-Standing Industrial Building Offers Approx. 3,750 Sq. Ft. Of Multi-Tenant Space With Approx. 22-Foot Clear Height. Featuring 3 Motor Vehicle Service Units, Each Unit Includes Two Large Drive-In Doors, A New Heating & Electrical System, And 3-Phase, 200-Amp, 600-Volt Power. All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate, And Significant Upside For Future Income Growth, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants.
| Property Type | :Commercial |
|---|---|
| MLS Number | :E12139903 |
| Listing Type | :Sale |
| Property Age | :16-30 Years |
| Possession Date | : |
| Last Updated | :22 Sep, 2025 (73 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M1L 4J5
|
| Price | : $3,300,000 |
|---|---|
| Property Taxes | :$18053.39 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :No |
|---|---|
| Heating | :Other |
| Cross Street | :Eglinton Ave E & Warden Ave |
10 May, 2025
TREB #E12139903
Listed
$3300000.0
