50-70 Novopharm Ct
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50-70 Novopharm Ct
41,887 SF 100% Leased Industrial Building Toronto, ON M1B 2K9 $18,807,263 CAD ($449 CAD/SF)
Investment Highlights
- Located on 2.5-acre lot
- Two access points for traffic flow
- Immediate access to Highway 401
Executive Summary
Prominently featured on a spacious 2.5-acre lot, this expansive industrial building boasts an impressive 41,887 square feet of versatile space. Originally built as an 11-unit building, but currently occupied by one tenant, it is ideal for both end-users and investors seeking flexibility. Immediate access to Highway 401 ensures seamless logistics and connectivity, making it a prime location for operations. The property features two convenient access points, enhancing traffic flow and accessibility. A standout feature is loading doors, designed to streamline shipping and receiving processes, catering to a variety of industrial needs. This well-positioned facility combines functionality with strategic advantages, making it an exceptional opportunity in the industrial market.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $18,807,263 CAD | Rentable Building Area | 41,887 SF |
| Price Per SF | $449 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1979 |
| Property Type | Industrial | Parking Ratio | 1.19/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16 ft |
| Building Class | B | No. Dock-High Doors/Loading | 13 |
| Lot Size | 2.50 AC |
| Price | $18,807,263 CAD |
| Price Per SF | $449 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.50 AC |
| Rentable Building Area | 41,887 SF |
| No. Stories | 1 |
| Year Built | 1979 |
| Parking Ratio | 1.19/1,000 SF |
| Clear Ceiling Height | 16 ft |
| No. Dock-High Doors/Loading | 13 |
1 of 1
Walk Score ®
Very Walkable (84)
zoning
| Zoning Code | E |
| E |
-
Mariah Moncur -
Andrew Gallifent -
Robert Logiudice
-
KOLT Realty Inc, Brokerage
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50-70 Novopharm Ct
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