Overview

This industrial property in Toronto is for sale offering roughly 13,207 sq ft of space. It has been on the market 19 days, fresher than the Toronto average of 109 days.

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Description

opportunity!!!!! in the heart of Scarborough's prime industrial landscape at Finch and Markham! This rare commercial/industrial condo offers an unparalleled investment potential, boasting versatile usage options and easy access to major highways 401, 404, and 407 as well as TTC transit points and a plethora of amenities nearby. With abundant parking space, drive- in shipping availability, and a rear shipping door, this unit caters to diverse business needs and ensures seamless operations. Impeccably maintained, with ready-to-use facilities, including office, reception area, and a washroom. Enjoy optimal visibility on Finch Avenue, fostering business exposure and growth prospects. Whether you're an investor seeking high returns or a business owner in search of the perfect operational space, this vacant possession property guarantees an ideal fit. Drive in door (10 x 12) **EXTRAS** Mixed Uses-/Warehouse/ Manufacturing And Office. (id:66096)

Property Details

MLS®: E14088750
Property Type: Industrial
Business Type: Industrial
Zoning: COMMERCIAL
Bathrooms: 1
Interior Size: 13,207 ft²
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $3,075.3/yr
Listed: 19 days ago

Market Timing

Days on market

19d

Toronto (Milliken) listings, avg age

109d

Price / ft²

$45

List price

$599K

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 (Milliken) has been listed for 19 days, which is 90 days fresher than the city average of 109. Act while there is still low competition.

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Area context

Neighbourhood profile (M1S)

This home lists at $599,000, about 7.4× the local median household income of $81,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 44% above the area median.

Median household income: $81,000
Population: 37,663
Median age: 44.4
Owner / renter: 75% / 25%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1S)

$599,000· $45/ft²

For sale

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Financing

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#34 5310 Finch Avenue East, Toronto (Milliken) - Industrial for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (M1S)

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