Toronto (North York) – Industrial Multiple Building
Asking Price – $2,290,000
The subject property provides an excellent opportunity to acquire a well-located industrial multiple in an established node in North York. Fronting on Limestone Crescent, the 30,618 sq. ft. building is located in the south east quadrant of Steeles Avenue West and Keele Street. The property offers investors stable cash flows with future income growth through lease escalations.
Property Details
The subject property is an industrial multiple totalling approximately 30,618 sq. ft. and is located on an approximately 1.46 acre site. The frontage is 155 ft. and the depth is 372.6 ft. The majority of the tenants are in automotive related businesses with office space in the front of building.
Location
158-182 Limestone Cres. , North York ON.
The property is located on the south east quadrant of Keele Street and Steeles Avenue West within close proximity to Highways 400 and 407.
Zoning
The property is zoned M3 – Industrial.
Legal Description
Lot 8, Reg. Plan M-1658, City of Toronto (PIN 10179-0009)
Leases
The building is leased to a variety of tenants with contractual rent escalations over the term.
TAXES $68,453.63 (2009)
Additional Documents