346-348 Ryding Avenue Toronto, Ontario M6N 1H5
$6,999,000
Exceptional Investment Opportunity in the Thriving Junction Area - Prime Location Offering Convenient Access to Major Highways for Logistics. Comprehensive information regarding the property, lease terms, TMI and rental details are available through the designated listing agent. The gross rental income is highly favorable, yielding a remarkable return on investment of over 4%. The property is fully operational and upgraded, with current tenancy across multiple sectors including office, educational, retail, and storage, featuring expansive open spaces adaptable to various purposes. Equipped with two freight doors, the property is poised for seamless operations. The surrounding area is witnessing significant development, making it imperative to secure a position before saturation. With an ample-sized lot, the property presents abundant potential for further expansion and development opportunities. **** EXTRAS **** The investment potential of this land are accentuated by the emergence of new developments in the area. Situated amidst prominent big-box retailers,the Stockyards, this junction location solidifies its status as prime investment land. (id:50886)
Property Details
| MLS® Number | W8361976 |
| Property Type | Industrial |
| Community Name | Junction Area |
| AmenitiesNearBy | Highway, Public Transit |
| Features | Elevator |
| ParkingSpaceTotal | 7 |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 14000 Sqft |
| Type | Multi-tenant Industrial |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Highway, Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 157 Ft |
| SizeFrontage | 49 Ft |
| SizeIrregular | 49.92 X 157.03 Ft |
| SizeTotalText | 49.92 X 157.03 Ft |
| ZoningDescription | Industrial |
https://www.realtor.ca/real-estate/26928611/346-348-ryding-avenue-toronto-junction-area
Interested?
Contact us for more information
Stuart Malcolm Sankey
Salesperson
968 College Street
Toronto, Ontario M6H 1A5
Jennifer June Sankey
Broker
968 College Street
Toronto, Ontario M6H 1A5
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August 13 2024 03:44:02
Toronto Real Estate Board
RE/MAX Hallmark Realty Ltd.