Commercial listings / Investment / For sale

10 Plastics Avenue, Toronto, ON M8Z 4B7

$9,500,000

Property type
Investment
Transaction
For sale
Location
Toronto W07, Toronto
Building area
12,000 Square Feet
Lot size
0.462 Feet
MLS® number
W13787914

Description

Exceptional multi-tenant commercial investment opportunity in South Etobicoke major growth area. This 12,000 SF building is situated on a 0.5-acre site and is fully occupied by 16 tenancies across a diversified mix of retail, wellness, education, professional, personal-service and warehouse uses. Extensive improvements include updated electrical and plumbing systems, insulation, fire-rated partitions, doors, windows, flooring, common areas, HVAC equipment and roofing work. The building offers significant future expansion potential to support additional storeys. Potential expansion of approximately 28,000 SF could bring the total gross floor area to approximately 39,900 SF, subject to verification and all required approvals. Excellent access to Highways 427, 401 and the QEW, with substantial residential intensification planned and underway throughout the surrounding area. An opportunity to acquire stabilized income today with considerable long-term redevelopment and value-add potential.

Listing brokerage: Nucorp Realty International

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