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20 Sherry Road, Toronto, ON M1L 4J5

Toronto E04, ON, M1L 4J5 · Clairlea-Birchmount

Sq Ft
Investment Type
E12805016 MLS#

About this property

Excellent Investment Opportunity In The Heart Of Scarborough's Golden Mile! Located On A Prime Clean Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Brand New Free-Standing Industrial Building Offers Approx. 3,750 Sq. Ft. Of Multi-Tenant Space With Approx. 22-Foot Clear Height. Featuring 3 Motor Vehicle Service Units, Each Unit Includes Two Large Drive-In Doors, A New Heating & Electrical System, And 3-Phase, 200-Amp, 600-Volt Power. All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate, And Significant Upside For Future Income Growth Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants.

Features & Amenities

  • Garage: Plaza
  • Cooling: No
  • Heat Type: Other
  • Sewer: Sanitary+Storm

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage Plaza
Heat Type Other
Cooling No
Sewer Sanitary+Storm
Annual Tax $22,692
Tax Year 2025

Building & Construction

Approximate Age
16-30
Building Area Total
3750

Heating & Cooling

Heat Type
Other
Cooling
No

Parking & Garage

Garage Type
Plaza

Lot & Land

Lot Size Units
Feet
Lot Depth
177.69
Lot Width
73.25

Financial & Tax

Tax Annual Amount
$22,692
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
Sanitary+Storm
Utilities
Available

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Eglinton Ave E & Warden Ave
Directions
Eglinton Ave E & Warden Ave
Showing Requirements
Showing System, List Salesperson
Listing courtesy of PROPERTY.CA INC.
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