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Home ON Greater Toronto Area Toronto Scarborough Clairlea-Birchmount
20 SHERRY ROAD
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20 SHERRY ROAD $3,300,000
$3,300,000
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20 SHERRY ROAD
Toronto (Clairlea-Birchmount), Ontario M1L4J5

MLS® Number: E12139903

Listing Description

Excellent Investment Opportunity In The Heart Of Scarboroughs 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, 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. (40434040)

Location Description

Eglinton Ave E & Warden Ave

Property Summary

Property Type
Industrial
Community Name
Clairlea-Birchmount
Land Size
73.25 x 177.69 FT
Age Of Building
16 to 30 years
Annual Property Taxes
$18,053.39
Time on REALTOR.ca
222 days

Building

Heating & Cooling
Cooling
None
Heating Type
Other
Utilities
Water
Municipal water

Measurements

Square Footage
3750 sqft

Land

Lot Features
Frontage
73 ft ,3 in
Land Depth
177 ft ,8 in
Other Property Information
Zoning Description
Commercial
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FARNAM RAZZAGH