1196 Rainbow Street, Beacon Hill North - South and Area | Image 1
$3,099,000
For Sale

Added 1 month ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.
  • Type: Industrial

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: IL2H(14)

  • Age: No Data

  • Taxes: 8577

  • MLS®#: X11951901

  • Days on Site: 38 Days

  • Added: Feb 01, 2025 (1 month ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: RIGHT AT HOME REALTY, BROKERAGE

This unique legal Triplex, currently being used by one family, sits on a large 200' x 120' corner lot in a sought-after light industrial zone ""IL2 H(14)"". The property offers incredible potential with approximately 1,500 sq. ft. of newly constructed covered storage areas, ideal for various commercial and residential uses. Inside, the well-maintained units feature 10 versatile rooms, each offering the possibility for conversion into separate office spaces or other functional layouts to suit your needs. The expansive yard, measuring 100' x 120', is perfect for a range of operations, including warehousing, manufacturing, light assembly, research and development, offices, and select retail ventures. Benefit from unbeatable accessibility with quick access to Highway 417 via the Montreal Road exit and local transit just steps away. Ideally situated at the corner of Canotek Road and Rainbow Street, this property is surrounded by a variety of amenities and businesses, making it an excellent location for both residential and commercial uses. This is a rare opportunity to invest in a property that combines space, flexibility, and unmatched location. Don't miss out!

Property

  • Status: Sale

  • Type: Other

  • Property Type: Industrial

  • Property Type: Multi-Unit

  • Area: Beacon Hill North - South and Area

  • Community: 2104 - Canotek Industrial Park

  • Availability Date: TBD

Inside

  • Bathrooms: 3

  • Air Conditioning: Y

  • Washrooms: 3

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: Y

  • Outside Storage: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Covered

  • Covered Parking Spaces: 6

  • Trailer Parking Spots: 6

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 15, CON 1OF , PART 1 & 2 , 5R10070 ; GLOUCESTER

  • Taxes: $8,577

  • Taxes Type: Annual

Land

  • Cross Street: 417 Highway to Sheff

  • Municipality District: Beacon Hill North - South and Area

  • Parcel Number: 043910840

  • Lot Depth: 120 Feet

  • Lot Frontage: 200 Feet

  • Zoning: IL2H(14)

Shipping Doors

  • Drive Height (ft): 10

  • Grade Level Height (ft): 10

  • Clearing Height (ft): 10

  • Clearing Height (in): 10

Commercial Specific

  • Shipping Doors Drive In Level: 3

  • Shipping Doors Grade Level: 3

  • Rail: N

  • Sprinklers: N

  • Total Area: 23917

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 23917

  • Industrial Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Building

  • LLBO: N

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.
JK-6

St. Brother Andre Elementary School

Elementary: Catholic
1.36 km
7-8

Lester B. Pearson Catholic Intermediate School

Elementary: Catholic
1.22 km
JK-6

École élémentaire publique Séraphin-Marion

Elementary: Public
0.42 km
JK-5

Le Phare Elementary School

Elementary: Public
1.26 km
JK-6

École élémentaire catholique La Vérendrye

Elementary: Catholic
1.23 km
6-8

Henry Munro Middle School

Elementary: Public
0.98 km
9-12

Norman Johnston Secondary Alternate Prog

Secondary: Public
3.42 km
9-12

École secondaire publique Louis-Riel

Secondary: Public
1.72 km
9-12

Lester B Pearson Catholic High School

Secondary: Catholic
1.22 km
Pre-Grade 9-12

Gloucester High School

Secondary: Public
1.80 km
9-12

École secondaire catholique Collège catholique Samuel-Genest

Secondary: Catholic
3.54 km
9-12

Colonel By Secondary School

Secondary: Public
1.07 km