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5318 Finch Avenue Image 1

$2,999,000

Feb 28Industrial For Sale
bedroomsbed
washrooms0bath
MLS - #E11993831

5318 Finch Avenue, Toronto E07, ON M1S 5G2

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Average Price
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Property Description

Property type

Industrial

Lot size

N/A

Style

Approx. Area

N/A

About 5318 Finch Avenue

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

Home Overview

Last updated

Mar 11

Virtual tour

None

Basement information

Building size

5991

Status

In-Active

Property sub type

Industrial

Maintenance fee

$N/A

Year built

2024

Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Additional Details

Basement:N/A
Cooling:Partial
Heating:Gas Forced Air Open
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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