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45 Eric T Smith Way 4,394 SF Industrial Condo Unit Offered at $1,826,752 in Aurora, ON L4G 7C6
INVESTMENT HIGHLIGHTS
- Property includes ample parking.
- Building is located very close to Highway 404 and public transit.
EXECUTIVE SUMMARY
New industrial building, finished in 2022 and located very close to Highway 404.
PROPERTY FACTS
| Total Building Size | 62,763 SF | Typical Floor Size | 31,382 SF |
| Property Type | Industrial (Condo) | Year Built | 2022 |
| Property Subtype | Warehouse | Lot Size | 4.34 AC |
| Building Class | B | Parking Ratio | 0.48/1,000 SF |
| Floors | 2 | ||
| Zoning | EP-BP (Business Park) - Commercial / Industrial, Manufacturing, Storage/Warehouse, Recreation, More | ||
| Total Building Size | 62,763 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 31,382 SF |
| Year Built | 2022 |
| Lot Size | 4.34 AC |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | EP-BP (Business Park) - Commercial / Industrial, Manufacturing, Storage/Warehouse, Recreation, More |
AMENITIES
- 24 Hour Access
UTILITIES
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - Septic Field
- Heating - Gas
1 UNIT AVAILABLE
Unit 17
| Unit Size | 4,394 SF | Sale Type | Investment |
| Price | $1,826,752 USD | Cap Rate | 4.00% |
| Price Per SF | $415.74 USD | NOI | $73,070.80 USD |
| Condo Use | Industrial |
| Unit Size | 4,394 SF |
| Price | $1,826,752 USD |
| Price Per SF | $415.74 USD |
| Condo Use | Industrial |
| Sale Type | Investment |
| Cap Rate | 4.00% |
| NOI | $73,070.80 USD |
DESCRIPTION
Brand new industrial unit at prime location with many permitted uses. 24 foot clear height with truck level dock door and dock leveler.
SALE NOTES
Fits 53 foot trucks at rear. Ideal for warehouse, manufacturing, machine shop, etc. Excellent location very close to Hwy 404, transit, restaurants, & shopping. Very large windows providing lots of natural light. Modern equipped with a brand new roof-top hvac. Location provides reliable access to public transit, labour, & more. Mortgage can be assumed for $1.7 million, at 7.59% interest rate.
Presented by
45 Eric T Smith Way
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