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About the Listing 386500 -
Freestanding industrial investment opportunity situated on just under half an acre in the highly sought-after York University Heights area. Ideally located just off Keele Street, south of Finch Avenue, with excellent exposure and convenient access to rapid transit. The building offers clear heights ranging from approximately 12 to 18 feet and flexible zoning permitting a variety of uses, including automotive. Fully tenanted with a long-term lease, annual rent escalations and two additional five-year renewal options. Currently generating an approximate 4.6% capitalization rate. Located in a rapidly transitioning neighbourhood experiencing substantial development and a diminishing supply of industrial and office properties-providing excellent long-term upside and potential future redevelopment opportunities. The seller will complete exterior re-stuccoing and has recently completed Phase III environmental remediation at the rear of the property. An exceptional opportunity to acquire a well-located income-producing property with strong future potential.
Listing Highlights for 14 Toro Rd
Interior Details
- Appliances:
- Air Cond: Partial
- Heating: Gas Forced Air Open
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Sanitary
- Parking Features: No Garage
Financial Details
- Tax Amount: $32,016
- Taxes w/Assessments: N/A
- Tax/Property ID: 101800010
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Listing Location
Questions About..
14 Toro Rd Toronto, ON M3J 2A7
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