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$ 9,500,000
Est. payment | /mo
12,000 SqFt
$ 9,500,000
Est. payment | /mo
12,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 12000
Square Footage 12,000 sqft
Price per Sqft $791
Subdivision Stonegate-Queensway
MLS® Listing ID W13787914
Lot Size 0.462 Acres
Acres 0.462
Property Description
Exceptional multi-tenant commercial investment opportunity in South Etobicoke major growth area. This 12,000 SF building is situated on a 0.5-acre site and is fully occupied by 16 tenancies across a diversified mix of retail, wellness, education, professional, personal-service and warehouse uses. Extensive improvements include updated electrical and plumbing systems, insulation, fire-rated partitions, doors, windows, flooring, common areas, HVAC equipment and roofing work. The building offers significant future expansion potential to support additional storeys. Potential expansion of approximately 28,000 SF could bring the total gross floor area to approximately 39,900 SF, subject to verification and all required approvals. Excellent access to Highways 427, 401 and the QEW, with substantial residential intensification planned and underway throughout the surrounding area. An opportunity to acquire stabilized income today with considerable long-term redevelopment and value-add potential. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Listed by Nucorp Realty International
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