20 Sherry Road, Toronto E04, ON Image 1

$3,300,000

Investment For Sale
MLS - #E12139903
May 10- By PROPERTY.CA INC.

20 Sherry Road, Toronto E04, ON M1L 4J5

Bed
Bath
3750 Sqft.
Plaza Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

3750 Sqft

About 20 Sherry Road

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.

Home Overview

Last updated

May 10

Virtual tour

None

Basement information

Building size

3750

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:No
Heating:Other
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
330000000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 20 Sherry Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$12603.76/ month

Some information about this property - Sherry Road

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