416-673-4037
55-61 Milne Ave, Toronto, ON for Sale
Warehouse - FOR SALE
1/8
null | Request Cap Rate

55-61 Milne Ave
Toronto, ON M1L 1K4
Oakridge


OVERVIEW

Industrial Investment Opportunity - We are pleased to present the offering of a 100% freehold interest in 55 Milne Street & 67 Butterworth Avenue, Toronto, Ontario. This opportunity allows an investor to acquire a 133,458 sf industrial property on a 7.14 acre site. The Property is currently 94% leased to a single tenant, with a remaining lease term of 3.7 years. The in-place rent is approximately 7% below market rates and grows contractually at 5% per annum, offering investors a strong financial profile with significant rental growth.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

15

DRIVE INS

1

PARKING SPACES

40

LAND DETAILS

LAND ACRES

7.65

LAND SF

333,234

ZONING

E 0.8 & EH 0.8

APN/PARCEL ID

190102156001901

ASK ABOUT THIS PROPERTY

Jonathan YuanAvison YoungMore Info
416-673-4037

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Jonathan YuanAvison YoungMore Info
416-673-4037

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