Exceptional multi-tenant commercial investment opportunity in South Etobicoke major growth area. This 12,000 SF building is situated on a 0.5-acre site and is fully occupied by 16 tenancies across a diversified mix of retail, wellness, education, professional, personal-service and warehouse uses. Extensive improvements include updated electrical and plumbing systems, insulation, fire-rated partitions, doors, windows, flooring, common areas, HVAC equipment and roofing work. The building offers significant future expansion potential to support additional storeys. Potential expansion of approximately 28,000 SF could bring the total gross floor area to approximately 39,900 SF, subject to verification and all required approvals. Excellent access to Highways 427, 401 and the QEW, with substantial residential intensification planned and underway throughout the surrounding area. An opportunity to acquire stabilized income today with considerable long-term redevelopment and value-add potential. (id:13843)
| MLS # | W13787914 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 38 |
| Listing Provided By | Nucorp Realty International | ROBERT ITALIANO |
| SQ Feet | 12,000 |
|---|---|
| Zoning | E1 |
| Acreage | 0.46 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 28253 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Stonegate-Queensway) |
| Postal Code | M8Z4B7 |
| Listing VS Median (in M8Z4B7) | |
Price: $9,500,000 low | high Med: $9,500,000 sqft: 12,000 low | high Med: 12,000 $ / sqft: $792 low | high Med: $792 On site: 38 low | high Med: 38 | |
| Province | ON |
|---|---|
| City | Toronto (Stonegate-Queensway) |
| Postal Code | M8Z4B7 |
| Listing VS Median (in M8Z4B7) | |
Price: $9,500,000 low | high Med: $9,500,000 sqft: 12,000 low | high Med: 12,000 $ / sqft: $792 low | high Med: $792 On site: 38 low | high Med: 38 | |