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48-56 Lavender Rd 4,800 SF 100% Leased Industrial Building Toronto, ON M6N 3E8 $3,071,006 USD ($639.79 USD/SF)


Investment Highlights
- Suitable for a church, daycare, or contractor's office
Executive Summary
4,800 SF building on 18,700 SF of paved and fenced Neighborhood designated land. Current configuration is 4,000 SF industrial and 800 SF of office space. 600 Volts, 400 Amps power. Five roll-up doors, up to 12’ x 12’ in size. The industrial space is currently divided into two units; could easily be converted back to single occupancy or further subdivided for multiple users. 17’ clear height, with a small mezzanine office. Property needs renovations but is a versatile shell. Site opportunities: 1) Legal non-conforming industrial, 2) Place of worship or daycare, 3) Residential infill, or 4) Contractor's office. Flexible VTB available. ESA Phase 2 from 2017 shows no environmental impairment. Owner will support minor variance or re-zoning efforts by buyers with uses currently not approved.
Property Facts
| Price | $3,071,006 USD | Lot Size | 0.43 AC |
| Price Per SF | $639.79 USD | Rentable Building Area | 4,800 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1960 |
| Property Subtype | Warehouse | Clear Ceiling Height | 17’ |
| Building Class | C | No. Dock-High Doors/Loading | 5 |
| Zoning | RM - Industrial, Commercial | ||
| Price | $3,071,006 USD |
| Price Per SF | $639.79 USD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.43 AC |
| Rentable Building Area | 4,800 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Clear Ceiling Height | 17’ |
| No. Dock-High Doors/Loading | 5 |
| Zoning | RM - Industrial, Commercial |
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Walk Score®
Very Walkable (85)
Transit Score®
Excellent Transit (74)
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48-56 Lavender Rd
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