Share This Listing

Message

961 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

555-573 Alness St
Toronto, ON M3J 2T8
Industrial Property For Sale

Investment Highlights

  • Prominent 457-foot frontage along Alness Street with strong visibility.
  • EH1 zoning permits a broad range of industrial and employment uses.
  • Multi-tenant lower level configuration supports diverse occupancy options.
  • Existing lower-level tenancy provides in-place income potential.

Executive Summary

573 Alness Street presents a rare opportunity to acquire a versatile industrial asset strategically positioned near the North York and Vaughan border. This 101,909 SF property sits on a 3.04-acre lot with exceptional frontage along high-traffic Alness Street, offering outstanding visibility and access to major highways including 407, 400, and 401. The building’s upper level, spanning over 52,000 SF, was previously utilized as a customer-facing showroom and features polished concrete floors, full HVAC, and abundant natural light—ideal for corporate headquarters or specialized display operations. The lower level is demised into 10 units of approximately 5,000 SF each, catering to multi-tenant flexibility and strong leasing demand. With 16 truck-level doors, robust 1600 Amp power, and ample parking, the property is well-suited for a range of industrial and showroom uses under EH1 zoning. Current occupancy includes two tenants on short-term leases, providing immediate income while preserving future upside. Offered at $27.3 million, this asset combines prime location, adaptable design, and significant value-add potential for investors or owner-users seeking a foothold in one of Toronto’s most dynamic industrial corridors.

Property Facts

Sale Type Investment
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 3.05 AC
Rentable Building Area 102,248 SF
No. Stories 2
Year Built 1975
Parking Ratio 2.41/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 14
No. Drive In / Grade-Level Doors 1
Zoning EH1 - Permits heavy industrial uses with a maximum floor space index (FSI) of 1.0, allowing buildings up to the size of the lot area.
  • Listing ID: 38760300

  • Date on Market: 12/12/2025

  • Last Updated:

  • Address: 555-573 Alness St, Toronto, ON M3J 2T8

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}