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$ 6,599,000
Est. payment /mo
Active
346-348 Ryding AVE Toronto W02, ON M6N 1H5
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Municipality Toronto W02
Subdivision Junction Area
MLS Listing ID W12398710
Annual Tax Amount $35,239
Tax Year 2024
Property Sub-Type Industrial
Lot Depth 157.03
Lot Front 49.92
Property Description
Outstanding Investment Opportunity in Toronto's Thriving Junction Area. Seize the chance to own a high-performing, income-generating property in one of Toronto's most dynamic and rapidly evolving districts. Situated in a prime Junction location, this asset offers exceptional accessibility with direct connections to major highways-ideal for logistics and distribution. Currently fully leased and operational, the property features diversified tenancy across office, professional, service, retail, and storage sectors. Tenants benefit from expansive open-concept spaces, adaptable to a wide range of uses. Two freight doors support seamless operations and efficient goods movement.This upgraded facility delivers a strong gross rental income with an impressive return on investment exceeding 4%. Full financials, lease terms, and TMI details are available through the listing agent. Positioned on a generously sized lot, the property also presents significant potential for future expansion or redevelopment. Surrounded by major commercial anchors including big-box retailers and The Stockyards-this location is poised for long-term value growth amid continuous area revitalization.Extras: The property's investment appeal is further amplified by the ongoing influx of new developments and infrastructure improvements in the surrounding community. Secure your stake in this high-demand corridor before market saturation sets in.
Location
Province ON
County Toronto
Community Toronto W02
Area Toronto
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Available
Lot Frontage 49.92
Lot Depth 157.03
Others
Security Features Yes
ParcelsYN No
Listed by RE/MAX HALLMARK REALTY LTD.
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