346-348 Ryding Ave | Toronto W02 - Junction Area

Description

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.

Property Details

  • Asking Price: $6,999,000
  • Taxes: 32239.00
  • Basement: Y
  • Garage Type: Boulevard
  • Parking Spaces: 7
  • Heat Type: Gas Forced Air Open
  • Air Conditioning: Y
  • Type: Industrial
  • Style: Multi-Unit

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.