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670 Hardwick Rd 16,200 SF 100% Leased Industrial Building Caledon, ON L7E 5R5 $4,330,083 USD ($267.29 USD/SF)

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INVESTMENT HIGHLIGHTS

  • 100% Leased: Fully occupied with potential for income growth.
  • All other tenants have short-term leases expiring within the next 2 years.
  • 3 tenants are on month-to-month leases, offering up to 9,000 sq. ft. of space for a new owner.
  • Loading Access: Equipped with 7 truck-level doors.

EXECUTIVE SUMMARY

This fully leased multi-unit industrial property presents a prime investment opportunity with strong potential for future income growth. The building is in excellent condition and currently 100% occupied. Notably, three tenants are on month-to-month leases, offering up to 9,000 square feet that could be made available to a new owner. The remaining tenants are on short-term leases, all set to expire within the next two years, providing maximum flexibility for repositioning the asset—whether as a stable income-producing investment or for an owner-user seeking space with supplemental rental income. The roof was replaced with a 4-ply asphalt system in March 2020, and the building features a combination of open flame gas heating for warehouse areas and HVAC systems for office spaces, supplemented by electric baseboards. With seven truck-level doors, the property is well-equipped for logistics and distribution. Detailed income and expense information is available upon signing a confidentiality agreement.

PROPERTY FACTS

Price $4,330,083 USD
Price Per SF $267.29 USD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.04 AC
Rentable Building Area 16,200 SF
No. Stories 1
Year Built 1975
Parking Ratio 1.54/1,000 SF
No. Dock-High Doors/Loading 7
Zoning MS - Serviced Industrial
  • Listing ID: 37444114

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 670 Hardwick Rd, Caledon, ON L7E 5R5

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