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.
Address
346-348 Ryding Avenue
List Price
$6,999,000
Property Type
Commercial
Type of Dwelling
Industrial
Area
Toronto W02
Sub-Area
Junction Area
County
Toronto
Lot Depth
157.03
Lot Type
Lot
Lot Size Units
Feet
Lot Width
49.92
MLS® Number
W8361976
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Postal Code
M6N 1H5
Tax Amount
$32,239.00
Tax Year
2023
Community Features
Major Highway, Public Transit
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Boulevard
Security Features
Yes
Sewer
Sanitary