346-348 Ryding Avenue, Toronto | Image 1

346-348 Ryding Avenue

Toronto, Junction Area

  • Commercial

$6,999,000
For Sale

Added 7 months ago

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  • Type: Industrial

  • Property Type: Commercial

  • Zoning: Industrial

  • Age: No Data

  • Taxes: 32239

  • MLS®#: W8361976

  • Days on Site: 154 Days

  • Added: May 21, 2024 (7 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: RE/MAX HALLMARK REALTY LTD.

Exceptional Investment Opportunity in the Thriving Junction Area - Prime Location Offering Convenient Access to Major Highways for Logistics. Comprehensive information regarding the property, lease terms, TMI and rental details are available through the designated listing agent. The gross rental income is highly favorable, yielding a remarkable return on investment of over 4%. The property is fully operational and upgraded, with current tenancy across multiple sectors including office, educational, retail, and storage, featuring expansive open spaces adaptable to various purposes. Equipped with two freight doors, the property is poised for seamless operations. The surrounding area is witnessing significant development, making it imperative to secure a position before saturation. With an ample-sized lot, the property presents abundant potential for further expansion and development opportunities.

Extras

The investment potential of this land are accentuated by the emergence of new developments in the area. Situated amidst prominent big-box retailers,the Stockyards, this junction location solidifies its status as prime investment land.

Property

  • Status: Sale

  • Property Type: Industrial

  • Property Type: Multi-Unit

  • Area: Toronto

  • Community: Junction Area

  • Availability Date: 30/60

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: Freight

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Boulevard

  • Covered Parking Spaces: 7

  • Trailer Parking Spots: 2

Fees

  • Tax Year: 2023

  • Tax Legal Description: Plan 539 - Pt Lot 57

  • Taxes: $32,239

  • Taxes Type: Annual

Land

  • Cross Street: St. Clair/Runnymede

  • Municipality District: Toronto W02

  • Parcel Number: 105180959

  • Sewer: Sanitary

  • Lot Depth: 157.03 Feet

  • Lot Frontage: 49.92 Feet

  • Zoning: Industrial

Shipping Doors

  • Clearing Height (ft): 10

Commercial Specific

  • Shipping Doors Truck Level: 2

  • Rail: N

  • Sprinklers: Y

  • Total Area: 14000

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 14000

  • Industrial Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Soil Test: Envirn Audit

Map of 346-348 Ryding Avenue, Toronto
JK-8

Harwood Public School

Elementary: Public
0.92 km
JK-6

King George Junior Public School

Elementary: Public
0.69 km
6-8

Rockcliffe Middle School

Elementary: Public
0.85 km
JK-5

George Syme Community School

Elementary: Public
0.71 km
JK-8

James Culnan Catholic School

Elementary: Catholic
0.87 km
JK-8

St Cecilia Catholic School

Elementary: Catholic
1.07 km
9-12

The Student School

Secondary: Public
1.46 km
9-12

Ursula Franklin Academy

Secondary: Public
1.40 km
9-12

Runnymede Collegiate Institute

Secondary: Public
0.81 km
9-12

Blessed Archbishop Romero Catholic Secondary School

Secondary: Catholic
1.35 km
9-12

Western Technical & Commercial School

Secondary: Public
1.40 km
9-12

Humberside Collegiate Institute

Secondary: Public
1.34 km
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