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10 Plastics Avenue, Toronto

$9,500,000

Status

For Sale

Price

$9,500,000

Category

Commercial

Size

12,000 SF

Neighbourhood

Stonegate-Queensway, Toronto

Address

10 Plastics Avenue, Toronto, ON

About this listing

Exceptional multi-tenant commercial investment opportunity in South Etobicoke major growth area. This 12,000 SF building is situated on a 0.5-acre site and is fully occupied by 16 tenancies across a diversified mix of retail, wellness, education, professional, personal-service and warehouse uses. Extensive improvements include updated electrical and plumbing systems, insulation, fire-rated partitions, doors, windows, flooring, common areas, HVAC equipment and roofing work. The building offers significant future expansion potential to support additional storeys. Potential expansion of approximately 28,000 SF could bring the total gross floor area to approximately 39,900 SF, subject to verification and all required approvals. Excellent access to Highways 427, 401 and the QEW, with substantial residential intensification planned and underway throughout the surrounding area. An opportunity to acquire stabilized income today with considerable long-term redevelopment and value-add potential.

Listing courtesy of Nucorp Realty International, distributed via CREA’s REALTOR.ca® Data Distribution Facility. Gitalis Real Estate is not the listing brokerage, we’re happy to represent you as your agent on this property.