20 Sherry Road, Toronto, Ontario M1L 4J5

Listed for:
$3,500,000
0 beds
0 baths
Listed 40 days ago
20 Sherry Road, Toronto, Ontario M1L 4J5

View all 10 photos

About

Eglinton Ave E & Warden Ave Excellent Investment Opportunity In The Heart Of Scarborough's 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 Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, 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. (id:27476)

Property Highlights

MLS® Number
E12805016
Type
Industrial
Community Name
Clairlea-Birchmount
Land Size
73.25 x 177.69 FT

Building

Square Footage
3750 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
PROPERTY.CA INC.
MLS® number:
E12805016
Agent:
Farnam Razzagh
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).