128 Manville Rd - Service FOR SALE


Toronto, ON M1L 4J5- Clairlea-Birchmount
$9,200,000 CAD
416-910-4726
128 Manville Rd, Toronto, ON for Sale
$9,200,000 CAD
Service - FOR SALE
1/3
null | Request Cap Rate

128 Manville Rd
Toronto, ON M1L 4J5
Clairlea-Birchmount


HIGHLIGHTS

  • 29 Units, with rent significantly below market
  • Golden Mile area undergoing revitalization
  • Near to many major employers in manufacturing, logistics, construction, and auto services

OVERVIEW

Prime Functional Multi Tenant Industrial Investment in the Golden Mile Regeneration Area industrial node near Warden/Eglinton Ave E, surrounded by service industrial and flex uses within 300 meters. Property is walking distance to Golden Mile Station on Eglinton/Warden, a good mix of tenant roster with extremely low TMI cost, zoned E1. Functional bays with flexible uses serving Scarborough's established trade area offering unparallelled connectivity, customers, and a strong labour pool. In addition to these big-box retailers, the area is home to major employers in manufacturing, logistics, construction, and automotive services. The area is going under significant revitalization including significant redevelopment of the entire Golden Mile area(~280 Acre) with over 37,000 units across more than 75 towers proposed in the Golden Mile with expectation of between 56,000 to 65,000 new residence and 20,000 employment within the immediate area

FOR SALE DETAILS

PRICE

$9,200,000 CAD

PRICE/SF

$317 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

15

PARKING SPACES

429

LAND DETAILS

LAND ACRES

1.33

LAND SF

57,935

ZONING

E1

APN/PARCEL ID

190102458001900

ASK ABOUT THIS PROPERTY

Arash FatemiRoyal LePage Your Community Realty, BrokerageMore Info
416-910-4726

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Arash FatemiRoyal LePage Your Community Realty, BrokerageMore Info
416-910-4726

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.