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49 Cranfield Road, Toronto E03, ON M4B 3H3
O'Connor-Parkview · Toronto · ON
MLS® Number: E13164052
Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY
Rare 1.33 acre (57,813 SF) infill Employment Industrial land in O'Connor-Parkview. $4,499,000 priced at 5.38% going-in cap on projected stabilized NOI of $242,087 from two industrial outdoor storage (IOS) tenancies anchored by Atlas Polar Co. Ltd. (occupancy since 2021; term to June 30, 2027). Zoning E 1.0 (x229) permits IOS. Embedded value-add: Vendor commissioned architectural drawings (A& Associates, 2019-2020) for an 83,233 SF, 872-unit, 5-storey self-storage facility, plus draft amending by-law (Tribunal File PL171477, without prejudice). Also a strong industrial condo candidate evidenced by adjacent 45 Cranfield precedent.
Directions: Rd; south on Cranfield Rd. Shared driveway access.From DVP exit Eglinton Ave E eastbound; south on O'Connor Dr; west on Bermondsey
Cross Street: Cranfield Rd & Northline Rd
No obligation or purchase necessary, cancel at any time.
905-226-7284
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