1200 Tapscott Road,Toronto (Rouge), ON M1X1M5
Toronto (Rouge), ON M1X1M5
Description
A great opportunity to acquire a premium, high-visibility industrial asset situated on a prominent 2-acre corner lot in a highly sought-after Scarborough employment hub. This property is being offered for the first time in years. 41,679 square feet of brick construction, this quality building offers a Buyer flexibility for their business use. 10,263 square feet is leased to a tenant while the remainder can be available for an end-user. The ceiling height is 18' clear, numerous truck level doors and drive-in doors provide for easy shipping. The property is well located between the 407 & 401. The roof was replaced in 2023 for $580,000 thereby minimizing near-term CAPEX. There is an existing cell tower lease providing passive revenue. Phase 3, 600 Volt, 600 Amp 4 Wire Electrical is available. A current Phase I & II and other property information are available to interested parties upon signing a confidentiality agreement. (id:13843)
Details
| MLS # | E13594820 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-tenant Industrial |
| Status | Active |
| Days On Site | 93 |
| Listing Provided By | Royal LePage ProAlliance Realty | Ken Barrick |
Features
| Bath(s) | 6 Total |
|---|---|
| SQ Feet | 41,679 |
| Zoning | E0.7 |
| Acreage | 2.00 |
Interior
| Cooling | Partially air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 74557 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Rouge) |
| Postal Code | M1X1M5 |
| Listing VS Median (in M1X1M5) | |
Price: $14,900,000 low | high Med: $14,900,000 sqft: 41,679 low | high Med: 41,679 $ / sqft: $357 low | high Med: $357 On site: 93 low | high Med: 93 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Rouge) |
| Postal Code | M1X1M5 |
| Listing VS Median (in M1X1M5) | |
Price: $14,900,000 low | high Med: $14,900,000 sqft: 41,679 low | high Med: 41,679 $ / sqft: $357 low | high Med: $357 On site: 93 low | high Med: 93 | |