$6,599,000
Available - For Sale
Listing ID: W13536298
346-348 Ryding Avenue , Toronto, M6N 1H5, Toronto
| Prime Toronto Investment Opportunity in the Heart of the Junction! Opportunities like this are becoming increasingly rare. Secure a premier income-producing commercial property in one of Toronto's fastest-growing and most sought-after investment corridors-the vibrant Junction/Stockyards district.This exceptional asset is fully leased with a diverse mix of established tenants spanning office, professional, retail, service, and storage uses, providing immediate, reliable cash flow from day one. Offering strong gross rental income and an attractive return exceeding 4%, this is an investment designed to perform today while positioning you for substantial future appreciation.The upgraded building features expansive, open-concept spaces that easily accommodate a variety of commercial uses, along with two freight doors for efficient shipping, receiving, and logistics operations. Outstanding connectivity to Toronto's major highways makes this an ideal location for businesses requiring exceptional accessibility.Beyond its current income, this property offers tremendous long-term potential. Situated on a generously sized lot in an area experiencing unprecedented growth, it presents exciting opportunities for future expansion, redevelopment, or value enhancement as the neighbourhood continues to evolve. Surrounded by major retail destinations, including The Stockyards shopping district and national big-box retailers, the property is perfectly positioned to benefit from the area's ongoing revitalization, new developments, infrastructure investments, and increasing demand for commercial space.Whether you're looking to strengthen your investment portfolio with a stable, income-generating asset or secure a strategic property with outstanding future upside, this is an opportunity that deserves your attention.Complete financial statements, lease information, TMI details, and additional documentation are available through the listing agent. |
| Price | $6,599,000 |
| Taxes: | $38239.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 346-348 Ryding Avenue , Toronto, M6N 1H5, Toronto |
| Postal Code: | M6N 1H5 |
| Province/State: | Toronto |
| Legal Description: | Plan 539 - Pt Lot 57 |
| Directions/Cross Streets: | St. Clair/Runnymede |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Unit |
| Building Percentage: | T |
| Total Area: | 14000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Franchise: | F |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Rail: | N |
| Crane: | F |
| Soil Test: | No |
| Clear Height Feet: | 10 |
| Truck Level Shipping Doors #: | 2 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 0 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX HALLMARK REALTY LTD. |
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At a Glance:
| Type: | Com - Industrial |
| Area: | Toronto |
| Municipality: | Toronto W02 |
| Neighbourhood: | Junction Area |
| Tax: | $38,239 |
| Fireplace: | N |
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