48-56 Lavender Rd - Warehouse FOR SALE


Toronto, ON M6N 3E8- Keelesdale-Eglinton West
$4,200,000 CAD
416-649-5950
48-56 Lavender Rd, Toronto, ON for Sale
$4,200,000 CAD
Warehouse - FOR SALE
1/2
null | Request Cap Rate

48-56 Lavender Rd
Toronto, ON M6N 3E8
Keelesdale-Eglinton West


HIGHLIGHTS

  • Suitable for a church, daycare, or contractor's office

OVERVIEW

4,800 SF building on 18,700 SF of paved and fenced Neighborhood designated land. Current configuration is 4,000 SF industrial and 800 SF of office space. 600 Volts, 400 Amps power. Five roll-up doors, up to 12’ x 12’ in size. The industrial space is currently divided into two units; could easily be converted back to single occupancy or further subdivided for multiple users. 17’ clear height, with a small mezzanine office. Property needs renovations but is a versatile shell. Site opportunities: 1) Legal non-conforming industrial, 2) Place of worship or daycare, 3) Residential infill, or 4) Contractor's office. Flexible VTB available. ESA Phase 2 from 2017 shows no environmental impairment. Owner will support minor variance or re-zoning efforts by buyers with uses currently not approved.

FOR SALE DETAILS

PRICE

$4,200,000 CAD

PRICE/SF

$875 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

5

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43

LAND SF

18,731

ZONING

RM

APN/PARCEL ID

191405108002000

ASK ABOUT THIS PROPERTY

Michael SalenieksLennard Commercial RealtyMore Info
416-649-5950

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Michael SalenieksLennard Commercial RealtyMore Info
416-649-5950

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