14 Toro Road, Toronto W05, ON

$4,300,000

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About 14 Toro Road

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.

Features of 14 Toro Road

MLS® # W13772610
Price $4,300,000
Bathrooms 0.00
Type Commercial
Sub-Type Industrial
Status Active

Community Information

Address 14 Toro Road
Area Toronto
Subdivision York University Heights
City Toronto W05
Province ON
Postal Code M3J 2A7

Amenities

Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Open
Cooling Partial
Fireplace No

Listing Details

OfficeVERTICAL MARKETING REALTY

Listing Map