Business

10 Plastics Avenue

Toronto (Stonegate-Queensway), Ontario M8Z4B7

$9,500,000

MLS® W13787914

  • 12,000 sq ftInterior

Overview

Exceptional multi-tenant commercial investment opportunity in South Etobicoke major growth area. This 12,000 SF building is situated on a 0.5-acre site and is fully occupied by 16 tenancies across a diversified mix of retail, wellness, education, professional, personal-service and warehouse uses. Extensive improvements include updated electrical and plumbing systems, insulation, fire-rated partitions, doors, windows, flooring, common areas, HVAC equipment and roofing work. The building offers significant future expansion potential to support additional storeys. Potential expansion of approximately 28,000 SF could bring the total gross floor area to approximately 39,900 SF, subject to verification and all required approvals. Excellent access to Highways 427, 401 and the QEW, with substantial residential intensification planned and underway throughout the surrounding area. An opportunity to acquire stabilized income today with considerable long-term redevelopment and value-add potential. (id:57793)

Property details

MLS® number
W13787914
Price
$9,500,000
Listing
For sale
Property type
Business
Interior size
12,000 sq ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Water
Municipal water
Zoning
E1
Annual taxes
$28,253

Location

Address
10 Plastics Avenue
City
Toronto (Stonegate-Queensway)
Area
Stonegate-Queensway
Province
Ontario
Postal code
M8Z4B7
Country
Canada

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