Discover a unique investment with this High-Performance Industrial (M-1(1)) zoned property, leased until March 2027. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Adding to its appeal, the property includes a 2 bedroom house, providing the convenience of living where you work, perfect for streamlining daily routines or continuing to lease it out. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures. (id:50886)
MLS® Number | N11919706 |
Property Type | Industrial |
Community Name | South Richvale |
CoolingType | Fully Air Conditioned |
HeatingType | Other |
SizeInterior | 0.79 Ac |
UtilityWater | Municipal Water |
Acreage | No |
SizeDepth | 165 Ft ,1 In |
SizeFrontage | 200 Ft |
SizeIrregular | 200 X 165.16 Ft |
SizeTotalText | 200 X 165.16 Ft |
ZoningDescription | M1 Industrial |
Contact us for more information
Fengxia Shirley Ji
Broker of Record
Ivy Zhang
Salesperson