2450 Morningside Ave - Warehouse FOR SALE


Toronto, ON M1X 2E5- Agincourt/Malvern
$5,000,000 CAD
416-833-6905
2450 Morningside Ave, Toronto, ON for Sale
$5,000,000 CAD
Warehouse - FOR SALE
1/5
null | Request Cap Rate

2450 Morningside Ave
Toronto, ON M1X 2E5
Agincourt/Malvern


OVERVIEW

Calling investors***** Rare investment opportunity.*** The property is tenanted at $20/sq net with yearly escalation and TMI. AAA tenant, current lease ends on March30, 2030.***** The property located In The Heart of Scarborough, Morningside Business Centre Offers a Rare Opportunity to Occupy State-of-the art Industrial Condos, Including Mezzanine. Best-in-class Specifications Including, 28' Clear Ceilings, Two Loading Docks Accommodate 53' Trailers, High Efficiency Led Lighting, Esfr Sprinkler System And More. Optimal Environment For Light Manufacturing, Warehousing, And Distribution. Excellent Accessibility To Major Transportation Routes, Ensuring Convenient Access With Suppliers, Customers, And Labor Markets.

FOR SALE DETAILS

PRICE

$5,000,000 CAD

PRICE/SF

$51 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Morningside Business Centre

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

-

CLEAR CEILING HT

28 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

15.31

LAND SF

666,904

ZONING

E

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Fouad BathicheRoyal LePage Signature RealtyMore Info
416-833-6905

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

Fouad BathicheRoyal LePage Signature RealtyMore Info
416-833-6905

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