346-348 Ryding Avenue, Toronto, ON M6N 1H5

Toronto W02 M6N 1H5 Ontario

MLS: W8361976

$6,999,000

Added 27 days ago | For Sale

Listed by: RE/MAX HALLMARK REALTY LTD.

About Property

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.

Features

  • House Style:Industrial
  • Bathrooms:
  • Land Size: 49.92 X 157.03
  • Water:Municipal
  • Garage Spaces: /Boulevard
  • Driveway:
  • Heating Fuel:
  • Cross Street:St. Clair/Runnymede
  • Basement: ,
  • Possession Date:30/60
  • Annual Property taxes: $32239
  • Bedrooms:
  • Total Parking Spaces:7
  • Parking Places:7
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W8361976

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