10 PLASTICS AVENUE, Toronto (Stonegate-Queensway)

$9,500,000

10 PLASTICS AVENUE, Toronto (Stonegate-Queensway) — photo 110 PLASTICS AVENUE, Toronto (Stonegate-Queensway) — photo 210 PLASTICS AVENUE, Toronto (Stonegate-Queensway) — photo 310 PLASTICS AVENUE, Toronto (Stonegate-Queensway) — photo 410 PLASTICS AVENUE, Toronto (Stonegate-Queensway) — photo 510 PLASTICS AVENUE, Toronto (Stonegate-Queensway) — photo 6

About this property

Exceptional multi-tenant commercial investment opportunity in South Etobicoke major growth area. This 12,000 SF building is situated on a 0.5-acre site and is fully occupied by 16 tenancies across a diversified mix of retail, wellness, education, professional, personal-service and warehouse uses. Extensive improvements include updated electrical and plumbing systems, insulation, fire-rated partitions, doors, windows, flooring, common areas, HVAC equipment and roofing work. The building offers significant future expansion potential to support additional storeys. Potential expansion of approximately 28,000 SF could bring the total gross floor area to approximately 39,900 SF, subject to verification and all required approvals. Excellent access to Highways 427, 401 and the QEW, with substantial residential intensification planned and underway throughout the surrounding area. An opportunity to acquire stabilized income today with considerable long-term redevelopment and value-add potential. (id:66939)

Property details

Price
$9,500,000
Living area
12,000 square feet
Lot size
0.462 acres
Property type
Business
MLS® number
W13787914

Location

Map showing the location of 10 PLASTICS AVENUE, Toronto (Stonegate-Queensway)

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Source board: Toronto Regional Real Estate Board.

Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.