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For Sale

14 Toro Road, Toronto, ON M3J 2A7

$4,300,000

  • Industrial
  • MLS® W13772610

Listing Brokerage: VERTICAL MARKETING REALTY

Description

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.

Property details

MLS® number
W13772610
Transaction
For Sale
Property type
Commercial
Style / use
Industrial
Community
York University Heights
City
Toronto W05
Building area
8928 Square Feet
Lot width
80 Feet
Lot depth
248.09 Feet
Heating
Gas Forced Air Open
Cooling
Partial
Garage
None
Taxes
$32,015.70
Tax year
2025
Office area
2313
Industrial area
6615
Clear height (ft)
12
Drive-in doors
3
Listing brokerage
VERTICAL MARKETING REALTY

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