For Sale

346-348 Ryding Avenue Unit# 346, Toronto (Junction Area), Ontario M6N1H5

$6,999,000

346-348 Ryding Avenue Unit# 346, Toronto (Junction Area), Ontario M6N1H5 is For Sale and has a listing price of 6,999,000. The property is located in the The Junction neighbourhood. It's been on the website for 181 Days.

  • Industrial
    Property Type
  • Multi-tenant Industrial
    Building Type
  • 7
    Parking Spaces
  • MLS ID: W8361976
  • Office Name RE/MAX HALLMARK REALTY LTD.,RE/MAX HALLMARK REALTY
Property Description

Exceptional Investment Opportunity in the Thriving Junction Area – Prime Location Offering Convenient Access to Major Highways for Logistics. Comprehensive information regarding the property, lease terms, TMI and rental details are available through the designated listing agent. The gross rental income is highly favorable, yielding a remarkable return on investment of over 4%. The property is fully operational and upgraded, with current tenancy across multiple sectors including office, educational, retail, and storage, featuring expansive open spaces adaptable to various purposes. Equipped with two freight doors, the property is poised for seamless operations. The surrounding area is witnessing significant development, making it imperative to secure a position before saturation. With an ample-sized lot, the property presents abundant potential for further expansion and development opportunities. **** EXTRAS **** The investment potential of this land are accentuated by the emergence of new developments in the area. Situated amidst prominent big-box retailers,the Stockyards, this junction location solidifies its status as prime investment land. (id:43137)

Property Details
  • MLS ID: W8361976
  • Price: $6,999,000
  • Transaction Types: For Sale
  • Ref ID: 26928611
  • Year Built: N/A
  • Building Type: Multi-tenant Industrial
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
05/21/2024 W8361976 $6,999,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
The Junction
  • $1,458,815 Average List Price
    based on 1 year
  • 26 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.74 % Below
  • Sold (12mo) 42
  • Rented (12mo) 70

  • 1 Month Change -5.5%
  • 3 Month Change +6.9%
  • 6 Month Change +4.2%
Walkscore
Property Type Distribution
  • All Houses
    48.51%
  • Commercial
    23.87%
  • Condo
    27.37%
  • Land for Sale
    0.26%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 7
  • Property Features Elevator
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 21/05/2024 00:00:00
  • Zoning Ru/ep
  • Agent Name: STUART MALCOLM SANKEY,JENNIFER JUNE SANKEY
  • Last Updated: 16/10/2024 16:54:32
Open House Dates
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