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$14,900,000
Status: For Sale
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 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.
| Property Type | :Commercial |
|---|---|
| MLS Number | :E13594820 |
| Listing Type | :Sale |
| Property Age | :31-50 Years |
| Possession Date | : |
| Last Updated | :24 Jul, 2026 (64 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M1X 1M5
|
| Price | : $14,900,000 |
|---|---|
| Property Taxes | :$74557.0 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :Partial |
|---|---|
| Heating | :Gas Forced Air Open |
| Cross Street | :Tapscott Rd. & Passmore Ave. |
| Bathrooms | :6 |
|---|
22 Jul, 2026
TREB #E13594820
Listed
$14900000.0
