14,000 sqft
Fully Air Conditioned
Forced Air
$6,599,000
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:56248)
Property Details
|
MLS® Number
|
W13536298 |
|
Property Type
|
Industrial |
|
Community Name
|
Junction Area |
|
Amenities Near By
|
Highway, Public Transit |
|
Features
|
Elevator |
|
Parking Space Total
|
5 |
Building
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
14,000 Sqft |
|
Type
|
Multi-tenant Industrial |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Highway, Public Transit |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
157 Ft |
|
Size Frontage
|
49 Ft ,11 In |
|
Size Irregular
|
49.92 X 157.03 Ft |
|
Size Total Text
|
49.92 X 157.03 Ft |
|
Zoning Description
|
Industrial |
https://www.realtor.ca/real-estate/30003959/346-348-ryding-avenue-toronto-junction-area-junction-area