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$17,900,000
Est. payment /mo
79,997 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 79,997 sqft
Price per Sqft $223
Subdivision St. Andrew-Windfields
MLS Listing ID C12300387
Annual Tax Amount $313,129
Tax Year 2024
Property Sub-Type Investment
Property Description
Office User/Investor Opportunity. This 79,997 sf office building is situated on a 2.72-acre site in North York's established employment corridor with flexible zoning. Currently 52% leased, the property presents an immediate value add opportunity through lease-up and rental repositioning, redevelopment, or for a buyers own use. The building features a short weighted average lease term of 1.1 years, allowing for near-term re-leasing activity or change of use. The heating system is hydronic hot water heating system with induction units using natural gas.
Location
Province ON
County Toronto
Community St. Andrew-Windfields
Area Toronto
Zoning M0(6)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 195.0
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Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP