Toronto (O'Connor-Parkview), Ontario
Also listed as 49 Cranfield Rd., Toronto (O'Connor-Parkview), Ontario
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:64869)
49 Cranfield Road is located in Toronto (O'Connor-Parkview), ON (M4B3H3).
49 Cranfield Road is listed for sale at $3,995,000.
It is a home.
49 Cranfield Road offers approximately 1 sq ft of living space on a 1.33 lot.
Annual property taxes are approximately $16,925.
Contact Barbara Beers and the Barbara Beers Real Estate team at +1-905-634-2335 or barbara@barbarabeers.com to book a private showing or request more details.
Estimate only. Does not include property taxes, insurance, or fees. Actual rates may vary. Contact us for personalized mortgage guidance.
Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY
Co-Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY
Advertised By: Royal LePage® Burloak Real Estate Services
MLS®, REALTOR®, and associated logos are trademarks of CREA.
City: Toronto (O'Connor-Parkview)
Price: $3,695,000 - $4,295,000
Type: Residential
