33 Kern Rd - Flex FOR SALE


Toronto, ON M3B 1S9- Banbury-Don Mills/York Mills
$20,500,000 CAD
416-495-6261
33 Kern Rd, Toronto, ON for Sale
$20,500,000 CAD
Flex - FOR SALE
1/6
null | Request Cap Rate


HIGHLIGHTS

  • Prime mixed-use opportunity with highly desirable building size and layout.
  • Current tenants in the building include established businesses in travel/hospitality, automotive, and childcare sector.
  • The Building also offers ample surface parking, accommodating approximately 106 vehicles.

OVERVIEW

Located at the intersection of Kern Road and Don Mills Road, 33 Kern Road is a prime opportunity for users/investors and businesses seeking a high-quality flex building in a central location. CBRE Limited (the "Advisor") is pleased to present for sale 33 Kern Road (the "Property" or "Site"), in the City of Toronto. The property features a 1-story flex commercial building offering approximately 67,893 sq. ft. total area on 4.42 acres of land. The property offers a versatile and highly desirable layout with office and warehouse space. Constructed in 1960, the building has undergone various improvements, and continues to be well maintained and in excellent condition. 33 Kern Road, benefits from its proximity to major arterial roads, Highway 401 and Don Valley Parkway, and TTC Transit. Additionally, the Property has an on-site daycare and is minutes away from various retail, entertainment, and restaurant amenities

FOR SALE DETAILS

PRICE

$20,500,000 CAD

PRICE/SF

$308 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

-

CLEAR CEILING HT

13 Ft

DOCKS

4

DRIVE INS

2

PARKING SPACES

30

LAND DETAILS

LAND ACRES

4.41

LAND SF

192,100

ZONING

E 1.0

APN/PARCEL ID

190810218002400

ASK ABOUT THIS PROPERTY

Tony GillCBRE, LimitedMore Info
416-495-6261

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Tony GillCBRE, LimitedMore Info
416-495-6261

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