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$ 13,850,000
Est. payment /mo
Active
773 Warden AVE Toronto E04, ON M1L 4C2
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Municipality Toronto E04
Subdivision Clairlea-Birchmount
MLS Listing ID E12805042
Annual Tax Amount $69,940
Tax Year 2025
Property Sub-Type Industrial
Property Description
Excellent Investment Opportunity In The Heart Of Scarborough's Golden Mile! Located On A Prime Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Free-Standing Industrial Building Offers Approx. 2.33 Acres. Of Land With Multi-Tenant Spacse With Approx. 20-Foot Clear Height. Featuring Multiple Motor Vehicle Service Units, Office Units, And Retail Spaces. Each Unit Includes Multiple Large Drive-In Doors All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate You Won't Find Anywhere Else, And Significant Upside For Future Income Growth With The Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants.
Location
State ON
County Toronto
Community Toronto E04
Area Toronto
Interior
Heating Yes
Cooling Partial
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 187.0
Lot Depth 461.2
Others
Security Features Yes
ParcelsYN No
Listed by PROPERTY.CA INC.