346-348 Ryding Ave
Toronto, M6N1H5
For Sale
$6,999,000
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Multi-Unit
CATEGORY14,000 Sq Ft
TOTAL AREAW8361976
MLSIDContact Us
Property Description
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.
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Property Details
Category
Multi-Unit
Zoning
Industrial
Total Area
14,000 Sq Ft
Industrial Area
14,000 Sq Ft
Lot Size
50' x 157'
Taxes
$32,239 (2023)
Parking Spaces
7
Air Conditioning
Yes
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Listing contracted with Re/Max Hallmark Realty Ltd.
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