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$6,999,000
Available - For Sale
Listing ID: W8361976
Exceptional Investment Opportunity in the Thriving Junction Area - Prime Location Offering Convenient Access to Major Highways for Logistics. Comprehensive information regarding the property, lease terms, TMI and rental details are available through the designated listing agent. The gross rental income is highly favorable, yielding a remarkable return on investment of over 4%. The property is fully operational and upgraded, with current tenancy across multiple sectors including office, educational, retail, and storage, featuring expansive open spaces adaptable to various purposes. Equipped with two freight doors, the property is poised for seamless operations. The surrounding area is witnessing significant development, making it imperative to secure a position before saturation. With an ample-sized lot, the property presents abundant potential for further expansion and development opportunities.
Extras:   The investment potential of this land are accentuated by the emergence of new developments in the area. Situated amidst prominent big-box retailers,the Stockyards, this junction location solidifies its status as prime investment land.
Price $6,999,000
Taxes: $32,239
Tax Type: Annual
Occupancy by: Tenant
Address: 346-348 Ryding Ave , Toronto, M6N 1H5, Ontario
Postal Code: M6N 1H5
Province/State: Ontario
Legal Description: Plan 539 - Pt Lot 57
Lot Size: 49.92 x 157.03 (Feet)
Directions/Cross Streets: St. Clair/Runnymede
Zoning: Industrial
Category: Multi-Unit
Building Percentage: Y
Total Area: 14,000
Total Area Code:  Sq Ft
Industrial Area: 14000
Office/Appartment Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Sprinklers: Y
# Trailer Parking Spots: 2
Rail: N
Crane: N
Soil Test: Envirn Audit
Clear Height Feet: 10
Truck Level Shipping Doors #: 2
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: Freight
Sewers: Sanitary
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY LTD.

346-348 Ryding Ave , Toronto, M6N 1H5, Ontario


 
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At a Glance:
Type: Com - Industrial
Area: Toronto
Municipality: Toronto
Neighbourhood: Junction Area
Style:
Lot Size: 49.92 x 157.03(Feet)
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Tax: $32,239
Maintenance Fee: $0
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