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$4,625,000
Status: OFF MARKET
Premier automotive asset in the esteemed Riverside neighbourhood, leased to CARSTAR on a short-term basis. Strategically positioned in proximity to the downtown core, the property is zoned E 3.0 (Employment Industrial), which permits a broad range of uses, including automotive repair and service shops, animal shelter, restaurants, storage, and industrial uses, including manufacturing, warehousing, and logistics. With flexible in-place zoning and significant development planned or underway in the surrounding area, investors and owner-users alike are poised to benefit from medium to long-term rental rate growth and value appreciation.
| Property Type | :Commercial |
|---|---|
| MLS Number | :E8398914 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :03 Jun, 2024 (197 Days ago) |
| Source | :TRREB |
| Area | :Toronto |
|---|---|
| Community | : South Riverdale |
| Postal Code | :
M4M 3G5
|
| Price | : $4,625,000 |
|---|---|
| Property Taxes | :$20304.36 |
| Tax Year | :2024 |
|---|
| Cross Street | :Broadview Ave & Queen St E |
|---|
| Fireplace/Stove | :No |
|---|
03 Jun, 2024
TREB #E8398914
Available
$4625000.0
