Discover a unique investment with this High-Performance Industrial (M-1(1)) zoned property, leased until March 2027. Perfectly positioned near the bustling intersection of 16th Avenue and Yonge Street, this freestanding warehouse offers excellent access to major routes, including Hwy 407. Located amidst numerous condominium and townhouse developments, it's ideal for future business operations or redevelopment. The versatile zoning accommodates uses such as automobile repairs, offices, data processing centers, day nurseries, financial institutions, health centers, hotels, parking facilities, printing services, private clubs, libraries, restaurants, retail establishments, and warehousing. Adding to its appeal, the property includes a 2 bedroom house, providing the convenience of living where you work, perfect for streamlining daily routines or continuing to lease it out. Capitalize on this opportunity in a rapidly developing area, with exceptional connectivity and potential for various commercial and mixed-use ventures. (id:47423)
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Detailed Information
Lot
200 x 165.08 ft
Listing Contract Date
2025-01-11
Location Description
Yonge Street & 16th Avenue
Property Type
Industrial
Transaction Type
For sale
Zoning Description
M1 Industrial
Building
Cooling Type
Fully air conditioned
Heating Type
Other
Utility Water
Municipal water
Land
Total Size
200 x 165.16 FT
Size of Irregular Land
200 x 165.16 FT
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