773 Warden Avenue Toronto E04 ON M1L 4C2

Listing ID

#E12805042

Property Type

Industrial

County

Toronto

Neighborhood

Clairlea-Birchmount

Days on website

208

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.
Location
Financial Information
Taxes:  $ 69940
Property Features
Air Conditioning:  Partial
Area Influences:  Public Transit
Garage Type:  Covered
Heat Type:  Gas Forced Air Open
Sprinklers:  Yes
Utilities:  Available
Listed By:     PROPERTY.CA INC.