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$ 23,500,000
Est. payment | /mo
54,184 SqFt
$ 23,500,000
Est. payment | /mo
54,184 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 54,184 sqft
Price per Sqft $433
Subdivision St. Andrew-Windfields
MLS Listing ID C12046440
Annual Tax Amount $133,073
Tax Year 2024
Property Sub-Type Industrial
Property Description
Urban flex-commercial property comprising of 54,184-sf of high-quality small-bay space with 16 clear heights, 12 truck-level doors and 132 surface stalls, on a 2.7-acre lot. Strategically situated within an established urban business park of North York, just southwest of the Highway 401 and Don Valley Parkway intersection, the Property benefits from exceptional accessibility to the 400-series highway network, neighbouring transit & logistic hubs and an array of retail amenities. The Property is currently fully leased to a diverse roster of tenants, offering average in-place rents of ~$24.00 psf over a weighted average remaining lease term of 3.0 years, with attractive annual rental escalations.
Location
Province ON
County Toronto
Community St. Andrew-Windfields
Area Toronto
Zoning MC (H) Industrial Commercial
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 0.1
Lot Depth 0.1
Others
Security Features Yes
Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
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