For Sale - 49 Cranfield Road, Toronto, Ontario

Est payment $19,184/mo
Views   4
Time on Jump  14 day



Rare 1. 33 acre (57,813 sf) infill employment industrial land in o'connor-parkview. $4,499,000 priced at 5. 38% going-in cap on projected stabilized noi of $242,087 from two industrial outdoor storage (ios) tenancies anchored by atlas polar co. Ltd. (occupancy since 2021; term to june 30, 2027). Zoning e 1. 0 (x229) permits ios. Embedded value-add: vendor commissioned architectural drawings (a& associates, 2019-2020) for an 83,233 sf, 872-unit, 5-storey self-storage facility, plus draft amending by-law (tribunal file pl171477, without prejudice). Also a strong industrial condo candidate evidenced by adjacent 45 cranfield precedent.
Listing IDE13590670
Address49 Cranfield Road
CityToronto, Ontario
Price$3,995,000
StyleLand
Land Size1.33
TypeVacant Land
StatusFor Sale
Subtype LandSewer None
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Listing Agency:  ROYAL LEPAGE SIGNATURE REALTY

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49 Cranfield Road
Toronto , Ontario
$3,995,000
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