$2,999,000
( $500.58Per Sq Foot )
$16,099 est/mo Sourced by Back At You#1-4 - 5318 Finch Avenue , Toronto E07, ON M1S 5G2
Toronto E07, ON M1S 5G2
Description
Rare user/investor opportunity to purchase an industrial condominium unit in North Scarborough with quick access to Highway 401 and 407, public transit, and local amenities. The property is 5,991sf with 17' clear height, 3 truck-level doors that can accommodate 53' trailers. The property is currently tenanted. Tenant is paying $159,135 net per annum with 3% yearly escalation until Jan 23, 2028 with no options to renew. Strong investment return with the option in 3 years to take possession for an owner user
Details
| MLS# | E11993831 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Days On Site | 16 |
| Listing Provided By | AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP | E11993831 003201 |
Features
| SQ Feet | 5,991 |
|---|---|
| Acreage | 0.14 |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto E07 |
| Postal Code | M1S 5G2 |
| Area | Milliken |
| Listing VS Median (In M1S 5G2) | |
Price: $2,999,000 low | high Med: $2,999,000 SqFt: 5,991 low | high Med: 5,991 $ / SqFt: $501 low | high Med: $501 On site: 16 low | high Med: 16.000000 | |
Listing Updated: March 11, 2025 at 1:40:26 PM PDT