20 Sherry Road, Toronto, ON M1L 4J5

Toronto E04 M1L 4J5 Ontario

MLS: E12139903

$3,300,000

Added 20 days ago | For Sale

Listed by: PROPERTY.CA INC.

About Property

Excellent Investment Opportunity In The Heart Of Scarboroughs 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, 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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 73.25 X 177.69
  • Water:Municipal
  • Garage Spaces: /Plaza
  • Driveway:
  • Heating Fuel:
  • Cross Street:Eglinton Ave E & Warden Ave
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $18053.39
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Other
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:E12139903

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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