128 Manville Road, Toronto E04, ON M1L 4J5
Toronto E04 , M1L 4J5
$9,200,000.00
29000 Square Feet
Commercial
Property Details
| MLS Number | E12552116 |
| Property Type | Commercial |
| City | Toronto E04 |
| City Region | Clairlea-Birchmount |
| Postal Code | M1L 4J5 |
| Cross Street | EGLINTON/WAREDN |
| Street Number | 128 |
| Street Name | Manville |
| Lot Width | 154.5 ft |
| Lot Depth | 375.88 ft |
| Building Area | 29000 Square Feet |
| Annual Tax | $56,194.00 |
| Sewer | Sanitary |
| Utilities | Yes |
| Occupant Type | Tenant |
Description
Prime Functional Multi Bay/Tenant Industrial Investment in the Prime Golden Mile Regeneration Area in a prime industrial node near Warden/Eglinton Ave E, surrounded by service industrial and flex uses within 300 meter walking distance to Golden Mile Station on Eglinton/Warden with rent significantly below market with 11 D/I Door and 4 Van Height Door(rare ratio for mid-size buildings), a good mix of tenant rooster with extremely low TMI cost, zoned E1 Functional bays with flexible uses serving Scarboroughs established trade area. Rent being collected is significantly below market, signficant upside. The area is going under significant revitalization including signficant redevelopment of the entire Golden Mile area(~280 Acre) with over 37,000 units across more than 75 towers proposed in the Golden Mile with expectation of 56,000 new residence and 20,000 employment within the immediate area. Do not talk to the tenant.
Selvan Puvaneswaranathan
Broker — REMAX Crossroads