Outstanding Investment Opportunity in Toronto's Thriving Junction Area. Seize the chance to own a high-performing, income-generating property in one of Toronto's most dynamic and rapidly evolving districts. Situated in a prime Junction location, this asset offers exceptional accessibility with direct connections to major highways-ideal for logistics and distribution. Currently fully leased and operational, the property features diversified tenancy across office, professional, service, retail, and storage sectors. Tenants benefit from expansive open-concept spaces, adaptable to a wide range of uses. Two freight doors support seamless operations and efficient goods movement.This upgraded facility delivers a strong gross rental income with an impressive return on investment exceeding 4%. Full financials, lease terms, and TMI details are available through the listing agent. Positioned on a generously sized lot, the property also presents significant potential for future expansion or redevelopment. Surrounded by major commercial anchors including big-box retailers and The Stockyards-this location is poised for long-term value growth amid continuous area revitalization.Extras: The property's investment appeal is further amplified by the ongoing influx of new developments and infrastructure improvements in the surrounding community. Secure your stake in this high-demand corridor before market saturation sets in.
Address
346-348 Ryding Avenue
List Price
$6,599,000
MLS® Status
New
Expiration Date
2025-12-31
Property Type
Commercial
Type of Dwelling
Industrial
Transaction Type
Sale
Area
Toronto W02
Sub-Area
Junction Area
Region
Toronto
Lot Depth
157.03
Lot Type
Lot
Lot Size Units
Feet
Lot Width
49.92
Parcel Number
105180959
Total Building Area
14000
Occupant Type
Tenant
Cross Street
St. Clair/Runnymede
MLS® Number
W12398710
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Basement
Yes
Postal Code
M6N 1H5
Posession Details
60/90 TBA
Parking Spaces
5
Tax Amount
$35,239.00
Tax Year
2024
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Type
Gas Forced Air Open
Cooling
Yes
Cooling Features
Yes
Garage Type
Boulevard
Tax Legal Description
Plan 539 - Pt Lot 57
Security Features
Yes
Sewer
Sanitary