1-4-5318 Finch Avenue East, Toronto | Image 1

1-4-5318 Finch Avenue East

Toronto, Milliken

  • Commercial

$2,999,000
For Sale

Added 2 days ago

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  • Type: Industrial

  • Property Type: Commercial

  • Zoning: Industrial

  • Age: No Data

  • Taxes: 17731

  • MLS®#: E11993831

  • Added: Feb 28, 2025 (2 days ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Rare user/investor opportunity to purchase an industrial condominium unit in North Scarborough with quick access to Highway 401 and 407, public transit, and local amenities. The property is 5,991sf with 17' clear height, 3 truck-level doors that can accommodate 53' trailers. The property is currently tenanted. Tenant is paying $159,135 net per annum with 3% yearly escalation until Jan 23, 2028 with no options to renew. Strong investment return with the option in 3 years to take possession for an owner user

Property

  • Status: Sale

  • Property Type: Industrial

  • Property Type: Industrial Condo

  • Area: Toronto

  • Community: Milliken

  • Availability Date: TBD

  • Assessment Year: 2024

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Energy Certificate: Y

  • Green Verification Status: Y

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Taxes: $17,731

  • Commercial Condo Fees: 1866

  • Taxes Type: Annual

Land

  • Cross Street: Finch E and Markham

  • Municipality District: Toronto E07

  • Parcel Number: 120640047

  • Zoning: Industrial

Shipping Doors

  • Clearing Height (ft): 17

Commercial Specific

  • Shipping Doors Truck Level: 3

  • Rail: N

  • Sprinklers: Y

  • Total Area: 5991

  • Total Area Metric: Sq Ft

  • Industrial Area Size: 95

  • Industrial Area Metric: %

  • Office Size: 5

  • Office Size Metric: %

  • Lot Code: Unit

Somewhat Walkable

  • Some errands can be accomplished on foot.
50 /100

Good Transit

  • Some errands can be accomplished by public transportation.
66 /100

Somewhat Bikeable

  • Most errands require a car.
33 /100
JK-8

ÉÉC Saint-Jean-de-Lalande

Elementary: Catholic
1.49 km
JK-8

St Ignatius of Loyola Catholic School

Elementary: Catholic
1.66 km
JK-6

Anson S Taylor Junior Public School

Elementary: Public
1.39 km
JK-6

Percy Williams Junior Public School

Elementary: Public
1.39 km
JK-6

Tom Longboat Junior Public School

Elementary: Public
1.36 km
JK-8

Brookside Public School

Elementary: Public
2.04 km
Pre-Grade 9-12

Delphi Secondary Alternative School

Secondary: Public
2.74 km
9-12

St Mother Teresa Catholic Academy Secondary School

Secondary: Catholic
2.78 km
9-12

Francis Libermann Catholic High School

Secondary: Catholic
2.17 km
9-12

Albert Campbell Collegiate Institute

Secondary: Public
1.95 km
Pre-Grade 9-12

Lester B Pearson Collegiate Institute

Secondary: Public
2.07 km
9-12

Agincourt Collegiate Institute

Secondary: Public
3.58 km
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