56-58 Colville Rd

This High-Income-Producing Multi-Tenant Industrial Property Is Located On A Prime Corner Lot At Warden Ave And Eglinton Ave In Golden Mile Scarborough. Offering Over 22,000 Sq. Ft. Of Space With A Clear Height Range Of 9-26 Feet, This Steady And High-Income Property Is A Rare Investment Opportunity. Current Uses Include Vehicle Repairs And Service, Warehouse, And Offices, With Permitted Uses For Vehicle Servicing And Repairs, Warehouse, Manufacturing, Distribution, And Offices. The Property Features A Basement Tunnel For Convenient Maintenance, Overhead High Crane Installed In The 26-Ft Clear Industrial Space, Heavy Power, And Radiant Heat. The Main Building Boasts Towering 25+ Ft Ceiling Heights, Multi-Tenanted Portion Includes Second-Floor Office Spaces And Main-Floor Industrial Small-Bay Automotive-Related Mechanic/Body Shops. Providing Huge Upside For Income Generation, End-User Use, Or Redevelopment Opportunities. Please Do Not Approach Or Disturb Tenants. **EXTRAS** PT LT 12, PL 3759 , AS IN TB222637(SECONDLY) ; SCARBOROUGH , CITY OF TORONTO

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.