Freestanding industrial investment opportunity situated on just under half an acre in the highly sought-after York University Heights area. Ideally located just off Keele Street, south of Finch Avenue, with excellent exposure and convenient access to rapid transit. The building offers clear heights ranging from approximately 12 to 18 feet and flexible zoning permitting a variety of uses, including automotive. Fully tenanted with a long-term lease, annual rent escalations and two additional five-year renewal options. Currently generating an approximate 4.6% capitalization rate. Located in a rapidly transitioning neighbourhood experiencing substantial development and a diminishing supply of industrial and office properties-providing excellent long-term upside and potential future redevelopment opportunities. The seller will complete exterior re-stuccoing and has recently completed Phase III environmental remediation at the rear of the property. An exceptional opportunity to acquire a well-located income-producing property with strong future potential.
| MLS # | W13772610 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 36 |
| Listing Provided By | VERTICAL MARKETING REALTY | W13772610 386500 |
| SQ Feet | 8,928 |
|---|---|
| Acreage | 0.20 |
| Cooling | Partial |
|---|
| Security Features | No |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Sanitary |
| Tax Annual Amount | 32015.7 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 20 CON 3 WYS TWP OF YORK AS IN TB657887 |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto W05 |
| Postal Code | M3J 2A7 |
| Area | York University Heights |
| Listing VS Median (in M3J 2A7) | |
Price: $4,300,000 low | high Med: $4,300,000 sqft: 8,928 low | high Med: 8,928 $ / sqft: $482 low | high Med: $482 On site: 36 low | high Med: 36 | |
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto W05 |
| Postal Code | M3J 2A7 |
| Area | York University Heights |
| Listing VS Median (in M3J 2A7) | |
Price: $4,300,000 low | high Med: $4,300,000 sqft: 8,928 low | high Med: 8,928 $ / sqft: $482 low | high Med: $482 On site: 36 low | high Med: 36 | |