346-348 Ryding Ave - Office FOR SALE


Toronto, ON M6N 1H5
$6,999,000 CAD
416-531-9680
346-348 Ryding Ave, Toronto, ON for Sale
$6,999,000 CAD
Office - FOR SALE
1/2
null | Request Cap Rate

346-348 Ryding Ave
Toronto, ON M6N 1H5


OVERVIEW

Exceptional Investment Opportunity in the Thriving Junction Area - Prime Location Offering Convenient Access to Major Highways for Logistics. Comprehensive information regarding the property, lease terms, TMI and rental details are available through the designated listing agent. The gross rental income is highly favorable, yielding a remarkable return on investment of over 4%. The property is fully operational and upgraded, with current tenancy across multiple sectors including office, educational, retail, and storage, featuring expansive open spaces adaptable to various purposes. Equipped with two freight doors, the property is poised for seamless operations. The surrounding area is witnessing significant development, making it imperative to secure a position before saturation. With an ample-sized lot, the property presents abundant potential for further expansion and development opportunities. **** EXTRAS **** The investment potential of this land are accentuated by the emergence of new developments in the area. Situated amidst prominent big-box retailers,the Stockyards, this junction location solidifies its status as prime investment land

FOR SALE DETAILS

PRICE

$6,999,000 CAD

PRICE/SF

$500 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

CR

APN/PARCEL ID

190401417007800

ASK ABOUT THIS PROPERTY

Stuart SankeyRe/Max Hallmark Realty Ltd, BrokerageMore Info
416-531-9680

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Stuart SankeyRe/Max Hallmark Realty Ltd, BrokerageMore Info
416-531-9680

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.