Property Description
Rare user/investor opportunity to purchase an industrial condominium unit in North Scarborough with quick access to Highway 401 and 407, public transit, and local amenities. The property is 5,991sf with 17′ clear height, 3 truck-level doors that can accommodate 53′ trailers. The property is currently tenanted. Tenant is paying $159,135 net per annum with 3% yearly escalation until Jan 23, 2028 with no options to renew. Strong investment return with the option in 3 years to take possession for an owner user
Features
- Cooling System:
- Partial
- Utilities:
- Yes
Address Map
- City:
- Toronto
- Postal Code:
- M1S 5G2
- Street:
- Finch
- Street Number:
- 5318
- Street Suffix:
- Avenue
- Longitude:
- W80° 45' 5.5''
- Latitude:
- N43° 48' 45.5''
- Zoning:
- Industrial
- Directions:
- East
- Street Dir Suffix:
- E
- Unit Number:
- 1-4
Additional Information
- Building Size:
- 5991
- Previous Price:
- 2999000
Financial
- Tax Annual Amount:
- 17731.0
Listing Information
- Co List Office Name:
- AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
- Mls Status:
- Extension
- Modification Timestamp:
- 2025-09-23T01:25:55Z
- Originating System Name:
- TRREB
For Sale in Toronto
#1-4 - 5318 Finch Avenue, Toronto, On M1s 5g2
5,991 Sqft.
$2,695,000
Listing ID #E11993831
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- E11993831
- Price :
- $2,695,000
- Sqft. :
- 5,991 Sqft.
- Status :
- Active
- Office Name :
- AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
- Property Sub Type :
- Industrial
Agent info
Contact Agent
