$6,999,000 FOR SALE

Industrial

Lot: 49.92 x 157.03 ftTotal Area: 14,000 ft2
2023 Taxes: $32,239

346-348 Ryding Ave
Toronto, ON M6N 1H5 | Junction Area

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.

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Listed By RE/MAX HALLMARK REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8361976
Last Updated Sep 30, 2024
Property Summary
Property Type Industrial

More like this:
Category Multi-Unit
PIN 105180959
Legal Description Plan 539 - Pt Lot 57
Occupancy Tenant
Possession Date 30/60
Taxes (2023) $32,239
Tax Type Annual
Directions/Cross Streets St. Clair/Runnymede
Neighbourhood Junction Area
Area Toronto
Price History
Interested in obtaining the full price history for this property?
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Detailed Information
Freestanding Y
Lot 49.92 x 157.03 ft
Industrial Area 14,000 ft2
Total Area 14,000 ft2
Elevator Freight
Air Conditioning Y
Basement Y
Garage Type Boulevard
Parking Spaces 7
# Trailer Parking Spots 2
Heat Type Gas Forced Air Open
Area Influences Major Highway, Public Transit
Soil Test Envirn Audit
Sprinklers Y
Sewers Sanitary
Utilities A
Water Municipal
Clear Height 10 feet
Truck Level Shipping Doors 2
Crane N
Rail N
Survey N
Lot/Bldg/Unit Code Lot
Zoning Industrial
Seller Property Info Statement N

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