$14,900,000
Available - For Sale
Listing ID: E13594820
1200 Tapscott Road , Toronto, M1X 1M5, Toronto
| A great opportunity to acquire a premium, high-visibility industrial asset situated on a prominent 2-acre corner lot in a highly sought-after Scarborough employment hub. This property is being offered for the first time in years. 41,679 square feet of brick construction, this quality building offers a Buyer flexibility for their business use. 10,263 square feet is leased to a tenant while the remainder can be available for an end-user. The ceiling height is 18' clear, numerous truck level doors and drive-in doors provide for easy shipping. The property is well located between the 407 & 401. The roof was replaced in 2023 for $580,000 thereby minimizing near-term CAPEX. There is an existing cell tower lease providing passive revenue. Phase 3, 600 Volt, 600 Amp 4 Wire Electrical is available. A current Phase I & II and other property information are available to interested parties upon signing a confidentiality agreement. |
| Price | $14,900,000 |
| Taxes: | $74557.00 |
| Tax Type: | Annual |
| Occupancy: | Owner+T |
| Address: | 1200 Tapscott Road , Toronto, M1X 1M5, Toronto |
| Postal Code: | M1X 1M5 |
| Province/State: | Toronto |
| Legal Description: | PCL BLK 7-1, SECT M2205 BLK 7, 66M2205; |
| Directions/Cross Streets: | Tapscott Rd. & Passmore Ave. |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Multi-Unit |
| Building Percentage: | T |
| Total Area: | 41679.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 9601 |
| Office/Appartment Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Area Influences: | Major Highway Public Transit |
| Approximatly Age: | 31-50 |
| Sprinklers: | Yes |
| Washrooms: | 6 |
| Rail: | N |
| Soil Test: | Environmenta |
| Clear Height Feet: | 18 |
| Truck Level Shipping Doors #: | 7 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 3 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary+Storm |
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| Royal Lepage Proalliance Realty |
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Hamid-Reza Danaie
Broker
Dir:
416-904-7200
Bus:
905-889-2200
Fax:
905-889-3322
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Industrial |
| Area: | Toronto |
| Municipality: | Toronto E11 |
| Neighbourhood: | Rouge E11 |
| Approximate Age: | 31-50 |
| Tax: | $74,557 |
| Baths: | 6 |
| Fireplace: | N |
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