For Sale - 128 Manville Road, Toronto, Ontario

Est payment $44,178/mo
Views   1
Time on Jump  137 day
  • Prime location in the Golden Mile Regeneration Area, near transit and services.
  • Multi-bay industrial space with a rare mix of D/I and van height doors.
  • Current rental income is below market, offering significant upside potential.
  • Zoned for flexible uses, catering to Scarborough's established trade area.
  • Area is undergoing revitalization with plans for thousands of new residences and jobs.



Prime functional multi bay/tenant industrial investment in the prime golden mile regeneration area in a prime industrial node near warden/eglinton ave e, surrounded by service industrial and flex uses within 300 meter walking distance to golden mile station on eglinton/warden with rent significantly below market with 11 d/i door and 4 van height door(rare ratio for mid-size buildings), a good mix of tenant rooster with extremely low tmi cost, zoned e1 functional bays with flexible uses serving scarboroughs established trade area. Rent being collected is significantly below market, signficant upside. The area is going under significant revitalization including signficant redevelopment of the entire golden mile area(~280 acre) with over 37,000 units across more than 75 towers proposed in the golden mile with expectation of 56,000 new residence and 20,000 employment within the immediate area. Do not talk to the tenant.
Listing IDE12552116
Address128 Manville Road
CityToronto, Ontario
Price$9,200,000
StyleIndustrial
Land Size1.33
TypeIndustrial/Commercial
StatusFor Sale
Subtype IndustrialHeating / Cooling Gas Forced Air ClosedSewer Sanitary
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Listing Agency:  ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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128 Manville Road
Toronto , Ontario
$9,200,000
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