For Sale - 20 Sherry Road, Toronto, Ontario

Est payment $16,807/mo
Views   1
Time on Jump  45 day
  • 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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20 Sherry Road
Toronto , Ontario
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