346-348 Ryding Avenue Toronto, Ontario M6N 1H5
$6,999,000
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. (id:50787)
Property Details
| MLS® Number | W8361976 |
| Property Type | Industrial |
| Community Name | Junction Area |
| Amenities Near By | Highway, Public Transit |
| Features | Elevator |
| Parking Space Total | 7 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Interior | 14000 Sqft |
| Type | Multi-tenant Industrial |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 157 Ft |
| Size Frontage | 49 Ft |
| Size Irregular | 49.92 X 157.03 Ft |
| Size Total Text | 49.92 X 157.03 Ft |
| Zoning Description | Industrial |
https://www.realtor.ca/real-estate/26928611/346-348-ryding-avenue-toronto-junction-area
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August 13 2024 03:44:02
Toronto Real Estate Board
RE/MAX Hallmark Realty Ltd.