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    For Sale - 14 Toro Road, Toronto, Ontario

    Est payment $20,648/mo
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    Views   1
    Time on Jump  32 day

    AI Summary *

    • Freestanding industrial property on nearly half an acre in a prime location.
    • Clear heights between 12 to 18 feet, suitable for various uses.
    • Fully tenanted with stable long-term lease and annual rent increases.
    • Located near rapid transit with excellent exposure and access.
    • Neighborhood undergoing significant development, ensuring long-term investment potential.




    Freestanding industrial investment opportunity situated on just under half an acre in the highly sought-after york university heights area. Ideally located just off keele street, south of finch avenue, with excellent exposure and convenient access to rapid transit. The building offers clear heights ranging from approximately 12 to 18 feet and flexible zoning permitting a variety of uses, including automotive. Fully tenanted with a long-term lease, annual rent escalations and two additional five-year renewal options. Currently generating an approximate 4. 6% capitalization rate. Located in a rapidly transitioning neighbourhood experiencing substantial development and a diminishing supply of industrial and office properties-providing excellent long-term upside and potential future redevelopment opportunities. The seller will complete exterior re-stuccoing and has recently completed phase iii environmental remediation at the rear of the property. An exceptional opportunity to acquire a well-located income-producing property with strong future potential.
    Listing IDW13772610
    Address14 Toro Road
    CityToronto, Ontario
    Price$4,300,000
    StyleIndustrial
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype IndustrialHeating / Cooling Gas Forced Air OpenSewer Sanitary

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    14 Toro Road
    Toronto , Ontario
    $4,300,000
    Get more info