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10 Harlech Crt

10,074 SF 100% Leased Industrial Building Markham, ON L3T 6L5 $4,950,000 CAD ($491 CAD/SF)

Investment Highlights

  • Fitness Centre /recreational.
  • Service & repair establishment.

Executive Summary

The Property is currently improved with a 10,074 sq. ft. freestanding structure situated on a regularly configured 0.64 ac. lot. The Property currently comprises approximately 4,347 sq. ft. of office space and 5,727 sq. ft. of automotive/warehouse space. The warehouse is currently fixtured with 6 drivein level doors and a total clear height of approximately 16 ft. The Property is 85% occupied, with all automotive/ warehouse leases expiring in July 2024. The ground floor office space is tenanted by the Alzheimer Society of Canada until June 2027, with the second floor office space currently vacant. These features provide a rare and exciting opportunity for users with automotive and/or warehousing requirements, as well as investors looking to secure a multi tenant freestanding structure with significant upside in the strong York employment market.

Property Facts

Price $4,950,000 CAD
Price Per SF $491 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.64 AC
Rentable Building Area 10,074 SF
No. Stories 2
Year Built 1990
Parking Ratio 1.04/1,000 SF
Clear Ceiling Height 16 ft
No. Drive In / Grade-Level Doors 6

zoning

Zoning Code EMP-SE (Service Employment)
EMP-SE (Service Employment)
  • Listing ID: 32044667

  • Date on Market: 2024-06-06

  • Last Updated:

  • Address: 10 Harlech Crt, Markham, ON L3T 6L5

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