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    For Sale - 20 Sherry Road, Toronto, Ontario

    Est payment $16,807/mo
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    Views   2
    Time on Jump  114 day

    AI Summary *

    • Prime investment opportunity in a high-demand area of Scarborough.
    • New industrial building with multi-tenant space and strong cash flow.
    • Three motor vehicle service units with large drive-in doors.
    • Zoning supports various uses, including automotive and warehousing.
    • Convenient access to TTC bus routes and nearby businesses.




    Excellent investment opportunity in the heart of scarborough's golden mile! Located on a prime clean lot near warden ave and eglinton ave, this high-income-producing, brand new free-standing industrial building offers approx. 3,750 sq. Ft. Of multi-tenant space with approx. 22-foot clear height. Featuring 3 motor vehicle service units, each unit includes two large drive-in doors, a new heating & electrical system, and 3-phase, 200-amp, 600-volt power. All units are currently leased, providing stable cash flow with a strong cap rate, and significant upside for future income growth golden mile secondary plan, which will allow for the redevelopment of land along the new crosstown lrt route, end-user occupancy, or redevelopment potential. Zoning allows for a range of uses including automotive service, repairs, warehousing, manufacturing, distribution, and offices. Conveniently located steps from ttc bus routes, and surrounded by complementary businesses including auto parts suppliers and dealerships. Please do not approach or disturb tenants.
    Listing IDE12805016
    Address20 Sherry Road
    CityToronto, Ontario
    Price$3,500,000
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling OtherSewer Sanitary+Storm

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    Listing Agency:  PROPERTY.CA INC.

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    20 Sherry Road
    Toronto , Ontario
    $3,500,000
    Get more info