2450 Morningside Ave
Toronto, M1X2E5
For Sale
$5,000,000

➧
➧
Industrial Condo
CATEGORY9,764 Sq Ft
TOTAL AREAE11995600
MLSIDContact Us
Property Description
Calling investors***** Rare investment opportunity.*** The property is tenanted at $20/sq net with yearly escalation and TMI. AAA tenant, current lease ends on March30, 2030.***** The property located In The Heart of Scarborough, Morningside Business Centre Offers a Rare Opportunity to Occupy State-of-the art Industrial Condos, Including Mezzanine. Best-in-class Specifications Including, 28' Clear Ceilings, Two Loading Docks Accommodate 53' Trailers, High Efficiency Led Lighting, Esfr Sprinkler System And More. Optimal Environment For Light Manufacturing, Warehousing, And Distribution. Excellent Accessibility To Major Transportation Routes, Ensuring Convenient Access With Suppliers, Customers, And Labor Markets.
Call
Property Details
Category
Industrial Condo
Usage
Warehousing
Zoning
Industrial Condo
Total Area
9,764 Sq Ft
Industrial Area
8,143 Sq Ft
Taxes
$11,956 (2024)
Call
Listing contracted with Re/Max Imperial Realty Inc.
Similar Listings
Desirable industrial area. 9750sq ground floor PLUS approximate 2600sq mezzanine. One truck level two drive in shipping. Well maintained building with extreme low maintenance fee. Zoning provides variety of uses. One of the unit is end unit. Close proximity to highway 401 and 407. It accommodates 53' trailer. **EXTRAS** Buyer and buyer agent to confirm all information. Owner is relocating. The property will be cleaned up before closing. Maintenance fee including water depending on business type.
Call
WARDENCONNECT: Connecting you to 777 Warden Ave, an extremely rare opportunity to purchase an industrial/commercial condominium unit in a prime Toronto location with quick access to Don Valley Parkway, public transit, new Eglinton LRT Line and local amenities. This versatile unit, with recent enhancements, offers excellent functionality and is ideal for a wide range of businesses, including automotive uses, making it perfect for both owner-occupiers and investors. Condominium registration and occupancy expected for Q1 2025 with vacant possession available.
Call
Rare user/investor opportunity to purchase an industrial condominium unit in North Scarborough with quick access to Highway 401 and 407, public transit, and local amenities. The property is 5,991sf with 17' clear height, 3 truck-level doors that can accommodate 53' trailers. The property is currently tenanted. Tenant is paying $159,135 net per annum with 3% yearly escalation until Jan 23, 2028 with no options to renew. Strong investment return with the option in 3 years to take possession for an owner user
Call
WARDENCONNECT: Connecting you to 777 Warden Ave, an extremely rare opportunity to purchase an industrial/commercial condominium unit in a prime Toronto location with quick access to Don Valley Parkway, public transit, new Eglinton LRT Line and local amenities. This versatile unit, with recent enhancements, offers excellent functionality and is ideal for a wide range of businesses, including automotive uses, making it perfect for both owner-occupiers and investors. Condominium registration and occupancy expected for Q1 2025 with vacant possession available.
Call
Call

