20 Sherry Road Toronto, Ontario M1L 4J5
$3,500,000
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. (id:61015)
Property Details
| MLS® Number | E12805016 |
| Property Type | Industrial |
| Community Name | Clairlea-Birchmount |
Building
| Age | 16 To 30 Years |
| Cooling Type | None |
| Heating Type | Other |
| Size Interior | 3,750 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 177 Ft ,8 In |
| Size Frontage | 73 Ft ,3 In |
| Size Irregular | 73.25 X 177.69 Ft |
| Size Total Text | 73.25 X 177.69 Ft |
| Zoning Description | Commercial |
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May 24 2026 11:26:08
Toronto Regional Real Estate Board
Property.ca Inc.