49 Cranfield Road, Toronto, ON M4B 3H3
Toronto E03, ON, M4B 3H3 · O'Connor-Parkview
About this property
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.
Features & Amenities
- Garage: Outside/Surface
- Cooling: No
- Heat Type: Gas Forced Air Closed
- Sewer: None
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Lot Size | 1 Feet |
| Garage | Outside/Surface |
| Heat Type | Gas Forced Air Closed |
| Cooling | No |
| Sewer | None |
| Annual Tax | $16,925 |
| Tax Year | 2025 |
Building & Construction
- Building Area Total
- 1.33
Heating & Cooling
- Heat Type
- Gas Forced Air Closed
- Cooling
- No
Parking & Garage
- Garage Type
- Outside/Surface
Lot & Land
- Lot Size Area
- 1.33
- Lot Size Units
- Feet
- Lot Depth
- 411.89
- Lot Width
- 20.18
Financial & Tax
- Tax Annual Amount
- $16,925
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- ASAP
Utilities & Services
- Sewer
- None
- Utilities
- Available
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Toronto
- Cross Street
- Cranfield Rd & Northline Rd
- Directions
- Rd; south on Cranfield Rd. Shared driveway access.From DVP exit Eglinton Ave E eastbound; south on O'Connor Dr; west on Bermondsey
- Showing Requirements
- Go Direct
Location
49 Cranfield Road, Toronto, ON M4B 3H3, Toronto E03, ON, M4B 3H3