Prime industrial multi-unit property for sale in the heart of Scarborough, ON. Conveniently located nearby public transportation and Highway #401, providing convenient logistics and quick access to the property. The 55,000 SF building sits on a 2.6 acre parcel of land, and is currently in the process of industrial condo conversion. The zoning is Employment Industrial, providing for a wide range of employment / industrial uses. Leased to 13 Tenants, generating over $760,000 NOI with WALT of 2 years. |
Extras: The property offers 13 demised units with individual city mailing addresses, HVAC system and upgraded with fiber optic lines. This property is zoned Employment Industrial, permitting a wide range of uses. |
Price | $18,950,000 |
Taxes: | $82564.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 90-128 Production Dr , Toronto, M1H 2X8, Ontario |
Postal Code: | M1H 2X8 |
Province/State: | Ontario |
Legal Description: | PARCEL 10-1, SECTION M1292 LOT 10, PLAN |
Lot Size: | 190.00 x 646.00 (Feet) |
Directions/Cross Streets: | Production Drive/Progress Avenue |
Category: | Multi-Unit |
Building Percentage: | Y |
Total Area: | 55673.00 |
Total Area Code: | Sq Ft |
Industrial Area: | 100 |
Office/Appartment Area Code: | % |
Area Influences: | Major Highway |
Sprinklers: | Y |
Rail: | N |
Clear Height Feet: | 16 |
Truck Level Shipping Doors #: | 13 |
Double Man Shipping Doors #: | 0 |
Drive-In Level Shipping Doors #: | 1 |
Grade Level Shipping Doors #: | 0 |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | N |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CREILAND CONSULTANTS REALTY INC. |
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Book Showing | Email a Friend |
Type: | Com - Industrial |
Area: | Toronto |
Municipality: | Toronto |
Neighbourhood: | Woburn |
Lot Size: | 190.00 x 646.00(Feet) |
Tax: | $82,564 |