Jolanda

Travis

Natasha

49 Cranfield Road - $4,499,000

49 Cranfield Road - $4,499,000

49 Cranfield Road

$4,499,000

O'Connor-Parkview
Toronto O Connor Parkview, OntarioM4B3H3
0 beds
0 baths
null parking
MLS#: E13164064Listed: 22 days agoUpdated:16 days ago

Description

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. (id:63050)

Details

Details for 49 Cranfield Road, Toronto O Connor Parkview, Ontario
Property Type
Vacant Land
Building Type
-
Storeys
-
Neighborhood
O'Connor-Parkview
Land Size
1.33
Year Built
-
Annual Property Taxes
$16,925
Parking Type
-
Inside
Appliances
-
Rooms
-
Bedrooms
-
Bathrooms
0
Fireplace
-
Fireplace Total
-
Basement
-
Building
Architecture Style
-
Direction
Cross Streets: 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.
Type of Dwelling
-
Roof
-
Exterior
-
Foundation
-
Flooring
-
Land
Sewer
-
Lot Size
1.33
Zoning
-
Zoning Description
E 1.0 (x229) Employment industrial
Parking
Features
-
Total Parking
-
Utilities
Cooling
-
Heating
-
Water
-
Feature Highlights
Community
-
Lot Features
-
Security
-
Pool
-
Waterfront
-

Rooms

Rooms for 49 Cranfield Road, Toronto O Connor Parkview, Ontario
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