aerial overview of property's location featuring a commercial area Features: industrial view More Photos

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    For Sale - 773 Warden Avenue, Toronto, Ontario

    Est payment $66,506/mo
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    Views   2
    Time on Jump  114 day

    AI Summary *

    • Prime location on Warden Ave and Eglinton Ave, great for investment.
    • Large industrial building on approximately 2.33 acres with multi-tenant spaces.
    • Currently leased units ensure stable cash flow and good cap rate.
    • Zoning permits a variety of uses including warehousing and automotive service.
    • Close to TTC bus routes and surrounded by supportive businesses.




    Excellent investment opportunity in the heart of scarborough's golden mile! Located on a prime lot near warden ave and eglinton ave, this high-income-producing, free-standing industrial building offers approx. 2. 33 acres. Of land with multi-tenant spacse with approx. 20-foot clear height. Featuring multiple motor vehicle service units, office units, and retail spaces. Each unit includes multiple large drive-in doors all units are currently leased, providing stable cash flow with a strong cap rate you won't find anywhere else, and significant upside for future income growth with the 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 IDE12805042
    Address773 Warden Avenue
    CityToronto, Ontario
    Price$13,850,000
    StyleIndustrial
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype IndustrialCommunity Features Public TransitHeating / Cooling Gas Forced Air Open

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    Listing Agency:  PROPERTY.CA INC.

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    773 Warden Avenue
    Toronto , Ontario
    $13,850,000
    Get more info