Property overview
A residence that redefines york university heights livingFreestanding industrial investment opportunity situated on just under half an acre in the highly sought-after York University Heights area. Ideally located just off Keele Street, south of Finch Avenue, with excellent exposure and convenient access to rapid transit. The building offers clear heights ranging from approximately 12 to 18 feet and flexible zoning permitting a variety of uses, including automotive. Fully tenanted with a long-term lease, annual rent escalations and two additional five-year renewal options. Currently generating an approximate 4.6% capitalization rate. Located in a rapidly transitioning neighbourhood experiencing substantial development and a diminishing supply of industrial and office properties-providing excellent long-term upside and potential future redevelopment opportunities. The seller will complete exterior re-stuccoing and has recently completed Phase III environmental remediation at the rear of the property. An exceptional opportunity to acquire a well-located income-producing property with strong future potential.
Property photo
GalleryFinancing
Mortgage CalculatorC$ 860,000
Estimated monthly payment
C$ 20,614
Estimate only. Verify with a qualified broker.
Verified platform reviews
Google reviews4.9
124 reviews · Google
Pavel was extraordinary from first contact to transfer. He understood exactly what we were looking for and never once…
Read moreCalm, sharp and endlessly patient. He never once pushed us into a decision we were not ready for. Highly recommend.
Read moreSold above asking in a soft market. Staging advice alone paid for itself several times over. Deeply professional.
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