16
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$13,850,000
Est. payment /mo
2 SqFt
Active
773 WARDEN AVENUE Toronto (clairlea-birchmount), ON M1L4C2
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2
Square Footage 2 sqft
Price per Sqft $6,925,000
Subdivision Clairlea-Birchmount
MLS® Listing ID E12805042
Lot Size 2.330 Acres
Acres 2.33
Property Description
Excellent Investment Opportunity In The Heart Of Scarborough's Golden Mile! Located On A Prime Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Free-Standing Industrial Building Offers Approx. 2.33 Acres. Of Land With Multi-Tenant Spacse With Approx. 20-Foot Clear Height. Featuring Multiple Motor Vehicle Service Units, Office Units, And Retail Spaces. Each Unit Includes Multiple Large Drive-In Doors All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate You Won't Find Anywhere Else, And Significant Upside For Future Income Growth With The Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, 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. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by PROPERTY.CA INC.
NEARBY SCHOOL & BUSINESS
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