$1,850,000

For sale

#35 120 Dynamic Drive, Toronto (Milliken) - Industrial for Sale

#35 120 Dynamic Drive, Toronto (Milliken), Ontario, M1V5C9

2 parking2,511 ft²Listed 93 days ago

Overview

This industrial property in Toronto is for sale offering roughly 2,511 sq ft of space. It has been on the market 93 days, fresher than the Toronto average of 110 days.

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Description

Rarely Available! Same Owner for Over 35 Years! Well-Maintained Prime Industrial Unit in a High-Demand Area. Offering Over 2,500 Sq Ft with over 2,200 Sq Ft of Industrial Space, Plus an Additional Custom-Built 1,500+ Sq Ft Mezzanine with Full Standing Height. Over 4,000 Sq Ft of Functional Usable Space! Features a Large Warehouse with 22 Ft Clear Ceiling Height and a Truck-Level Loading Dock Capable of Accommodating 53 Ft Trailers. Dedicated Truck Access Allows for Smooth Operations Without Plaza Traffic Interference. Includes TWO Designated Parking Spaces (Rare!). Truly a Plug-and-Play for Distributors and Warehouse-Based Businesses with tons of shelving and storage space spanning over two levels! Zoned Employment Heavy Industrial (EH), Permitting a Wide Range of Uses Including Warehousing, Distribution, Contractor Operations, Light Manufacturing, Industrial Service Uses and More. Equipped Upgraded Electrical Service with Ample Capacity, Ideal for a Variety of Industrial and Commercial usages! Mins to Amazon Fulfillment centre, Highway 401 and many amenities. (id:66096)

Property Details

MLS®: E13636800
Property Type: Industrial
Business Type: Industrial
Zoning: MS
Parking: 2
Interior Size: 2,511 ft²
Heating: Baseboard heaters, Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $6,286.01/yr
Listed: 93 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

93d

Toronto (Milliken) listings, avg age

110d

Price / ft²

$737

List price

$1.85M

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 93 days, which is 17 days fresher than the city average of 110. Act while there is still low competition.

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Listed by RE/MAX METROPOLIS REALTY · ABDULLAH SHAHZEB SHAKOORI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M1V)

This home lists at $1,850,000, about 22.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $361,370 (20% down, 25-yr amortization, stress-tested) — roughly 341% above the area median.

Median household income: $82,000
Population: 50,825
Median age: 45.6
Owner / renter: 81% / 19%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1V)

$1,850,000· $737/ft²

For sale

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Financing

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