ON > Toronto E07 > Milliken
Toronto E07, ON M1S 5G2,5318 Finch AVE E #1-4
Toronto E07, ON M1S 5G2,5318 Finch AVE E #1-4
Toronto E07, ON M1S 5G2,5318 Finch AVE E #1-4
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$2,999,000
Est. payment /mo
5,991 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,991 sqft

Price per Sqft $500

Subdivision Milliken

MLS Listing ID E11993831

Annual Tax Amount $17,731

Tax Year 2024

Property Sub-Type Industrial

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

Location

Province ON

County Toronto

Community Milliken

Area Toronto

Zoning Industrial

Interior

Cooling Partial

Exterior

Utilities Available Yes

Others

Security Features Yes

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Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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