19
See all 19 photos
$6,999,000
Est. payment /mo
14,000 SqFt
Active
346-348 Ryding AVE Toronto W02, ON M6N 1H5
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
02/09/2025 03:47 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $499
Subdivision Junction Area
MLS Listing ID W8361976
Annual Tax Amount $32,239
Tax Year 2023
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.
Location
Province ON
County Toronto
Community Junction Area
Area Toronto
Interior
Heating Yes
Cooling Yes
Exterior
Garage Spaces 7.0
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 49.92
Lot Depth 157.03
Others
Security Features Yes
Listed by RE/MAX HALLMARK REALTY LTD.