$6,599,000
Toronto
346-348 Ryding Avenue, Toronto (Junction Area), Ontario, M6N1H5
This industrial property in Toronto is for sale offering roughly 14,000 sq ft of space.
Prime Toronto Investment Opportunity in the Heart of the Junction! Opportunities like this are becoming increasingly rare. Secure a premier income-producing commercial property in one of Toronto's fastest-growing and most sought-after investment corridors-the vibrant Junction/Stockyards district.This exceptional asset is fully leased with a diverse mix of established tenants spanning office, professional, retail, service, and storage uses, providing immediate, reliable cash flow from day one. Offering strong gross rental income and an attractive return exceeding 4%, this is an investment designed to perform today while positioning you for substantial future appreciation.The upgraded building features expansive, open-concept spaces that easily accommodate a variety of commercial uses, along with two freight doors for efficient shipping, receiving, and logistics operations. Outstanding connectivity to Toronto's major highways makes this an ideal location for businesses requiring exceptional accessibility.Beyond its current income, this property offers tremendous long-term potential. Situated on a generously sized lot in an area experiencing unprecedented growth, it presents exciting opportunities for future expansion, redevelopment, or value enhancement as the neighbourhood continues to evolve. Surrounded by major retail destinations, including The Stockyards shopping district and national big-box retailers, the property is perfectly positioned to benefit from the area's ongoing revitalization, new developments, infrastructure investments, and increasing demand for commercial space.Whether you're looking to strengthen your investment portfolio with a stable, income-generating asset or secure a strategic property with outstanding future upside, this is an opportunity that deserves your attention.Complete financial statements, lease information, TMI details, and additional documentation are available through the listing agent. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 120 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This industrial in Toronto (Junction Area) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $6,599,000, about 87.4× the local median household income of $75,500.
Carrying it typically needs a household income of about $1,289,016 (20% down, 25-yr amortization, stress-tested) — roughly 1607% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6N)
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