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$ 6,599,000
Est. payment /mo
Active
346-348 RYDING AVENUE Toronto (junction Area), ON M6N1H5
14,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $471
Subdivision Junction Area
MLS® Listing ID W12398710
Source Toronto Regional Real Estate Board
Property Description
Outstanding Investment Opportunity in Toronto's Thriving Junction Area. Seize the chance to own a high-performing, income-generating property in one of Toronto's most dynamic and rapidly evolving districts. Situated in a prime Junction location, this asset offers exceptional accessibility with direct connections to major highways-ideal for logistics and distribution. Currently fully leased and operational, the property features diversified tenancy across office, professional, service, retail, and storage sectors. Tenants benefit from expansive open-concept spaces, adaptable to a wide range of uses. Two freight doors support seamless operations and efficient goods movement.This upgraded facility delivers a strong gross rental income with an impressive return on investment exceeding 4%. Full financials, lease terms, and TMI details are available through the listing agent. Positioned on a generously sized lot, the property also presents significant potential for future expansion or redevelopment. Surrounded by major commercial anchors including big-box retailers and The Stockyards-this location is poised for long-term value growth amid continuous area revitalization.Extras: The property's investment appeal is further amplified by the ongoing influx of new developments and infrastructure improvements in the surrounding community. Secure your stake in this high-demand corridor before market saturation sets in. (id:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 5
Private Pool No
Building
Sewer Sanitary sewer
Listed by RE/MAX HALLMARK REALTY LTD.