Description

High-quality industrial investment opportunity available for sale at 80-100 Finchdene Square, featuring an expansive 96,000 sq. ft. facility situated on a 3.34-acre lot with a robust revenue-generating rooftop solar array. The building offers exceptional specifications including 20 to 30-foot ceiling heights, 8 truck-level docks, 3 ground-level doors, and secure multi-tenant occupancy. Situated in a mature, established Toronto business park just 2.7 km from Highway 401 with immediate transit access, this turnkey asset combines long-term operational reliability with strong income and future upside. (id:66096)

Property Details

MLS®: E14137894
Property Type: Industrial
Business Type: Industrial
Zoning: E0.7
Lot Size: 365 × 403 ft (3.37 acres)
Frontage: 365 ft
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $75,742/yr
Listed: 2 days ago

Market Timing

Days on market

Toronto (Rouge) listings, avg age

53d

List price

$28.50M

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.

Haho

This industrial in Toronto (Rouge) has been listed for 2 days, which is 51 days fresher than the city average of 53. Act while there is still low competition.

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Area context

Neighbourhood profile (M1X)

This home lists at $28,500,000, about 233.6× the local median household income of $122,000.

Carrying it typically needs a household income of about $5,567,048 (20% down, 25-yr amortization, stress-tested) — roughly 4463% above the area median.

Median household income: $122,000
Population: 14,810
Median age: 38.4
Owner / renter: 88% / 12%
Avg. household size: 4

Source: Statistics Canada, 2021 Census (FSA M1X)

$28,500,000

For sale

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Financing

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80-100 Finchdene Square, Toronto (Rouge) - Industrial for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M1X)

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