ON > Toronto E04 > Dorset Park
Toronto E04, ON M1P 3B9,1500 Midland AVE
Toronto E04, ON M1P 3B9,1500 Midland AVE
Toronto E04, ON M1P 3B9,1500 Midland AVE
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$10,950,000
Est. payment /mo
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25,663 SqFt
Pending

1500 Midland AVE Toronto E04, ON M1P 3B9

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Pending

Purchase Type For Sale

Square Footage 25,663 sqft

Price per Sqft $426

Subdivision Dorset Park

MLS Listing ID E12268035

Annual Tax Amount $82,126

Tax Year 2024

Property Sub-Type Industrial

Property Description

Great Location with Midland Ave Exposure. Exceptional user/investment opportunity. This5-unit building is currently 100% leased to a strong mix of tenants, including well-known national brands. Immediate income with significant near-term rent upside Low Weighted Average Lease Term (WALT) of just 1.1 years and the potential for 30% vacancy by December 31, 2025. $100,000+ spent on recent renovations (new signage and siding). Dual street access. Minutes to Highway 401, DVP. TTC at doorstep. 2025 Environmental Phase 1 & 2 and Building Condition reports available upon signing confidentiality agreement.

Location

Province ON

County Toronto

Community Dorset Park

Area Toronto

Zoning CR

Interior

Cooling Yes

Inclusions All Information To Be Verified By The Buyer.

Exterior

Utilities Available Yes

Lot Frontage 258.0

Lot Depth 251.0

Others

Security Features Yes

Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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1500 Midland AVE

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