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$3,500,000
Available - For Sale
Listing ID: E12805016
20 Sherry Road , Toronto, M1L 4J5, Toronto
Excellent Investment Opportunity In The Heart Of Scarborough's Golden Mile! Located On A Prime Clean Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Brand New Free-Standing Industrial Building Offers Approx. 3,750 Sq. Ft. Of Multi-Tenant Space With Approx. 22-Foot Clear Height. Featuring 3 Motor Vehicle Service Units, Each Unit Includes Two Large Drive-In Doors, A New Heating & Electrical System, And 3-Phase, 200-Amp, 600-Volt Power. All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate, And Significant Upside For Future Income Growth Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants.
Price $3,500,000
Taxes: $22,691.7
Tax Type: Annual
Occupancy by: Tenant
Address: 20 Sherry Road , Toronto, M1L 4J5, Toronto
Postal Code: M1L 4J5
Province/State: Toronto
Legal Description: PT LT 12, PL 3759 , AS IN SC234859 EXCEP
Directions/Cross Streets: Eglinton Ave E & Warden Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Industrial
Building Percentage: T
Total Area: 3,750
Total Area Code:  Sq Ft Divisible
Office/Appartment Area: 750
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Approximatly Age: 16-30
Franchise: F
Days Open: O
Maintenance: 0
Sprinklers: No
Rail: N
Clear Height Feet: 22
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Other
Central Air Conditioning: No
Sewers: Sanitary+Storm
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Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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