Seller is willing to provide a second mortgage (VTB) of up to $3,500,000 at 2% interest rate to help with the down payment. Additionally, buyer financing of up to $14,000,000 may be available from third-party lenders, subject to the lender's credit approval and usual lending conditions. This creates an exceptional and rare investment opportunity to acquire a substantial industrial warehouse strategically located near Eglinton Avenue and the Don Valley Parkway, offering excellent access to the downtown core and major transportation routes. The property comprises approximately 57,000 sq. ft. of versatile industrial space, including an office component of about 15%, on a generous lot of approximately 70,000 sq. ft. The highly flexible E1 zoning supports a wide range of industrial and commercial uses-such as warehousing, manufacturing, storage solutions, shipping/terminal operations, and even certain renewable energy applications-providing an adaptability that is not commonly available. Pricing is competitive on a $/sq. ft. basis (based on Colliers' latest Toronto Industrial Market Report), especially given the location and zoning. Low property taxes and strong leasing potential further enhance the investment profile, making this an attractive opportunity for both investors and owner-users seeking a high-demand industrial asset in one of Toronto's most active commercial corridors. Full presentation package available. Currently, the seller can deliver the property vacant, fully tenanted, or partially tenanted.
Address
15 Curity Avenue
List Price
$17,950,000
MLS® Status
New
Expiration Date
2026-04-23
Property Type
Commercial
Type of Dwelling
Industrial
Transaction Type
Sale
Area
Toronto E03
Sub-Area
O'Connor-Parkview
Region
Toronto
Lot Size Source
MPAC
Lot Depth
378.22
Lot Type
Lot
Lot Size Units
Feet
Lot Width
200
Parcel Number
103750118
Total Building Area
70000
Occupant Type
Partial
Cross Street
Eglinton / Don Valley
MLS® Number
E12537732
Listing Brokerage
RIGHT AT HOME REALTY
Postal Code
M4B 1X4
Posession Details
Flexible
Tax Amount
$43,292.00
Tax Year
2024
Site Influences
Major Highway, Public Transit
Community Features
Major Highway, Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Partial
Garage Type
Outside/Surface
Security Features
Partial , Yes