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670 Hardwick Rd 16,200 SF 100% Leased Industrial Building Caledon, ON L7E 5R5 $4,420,766 USD ($272.89 USD/SF)


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 | $4,420,766 USD | Lot Size | 1.04 AC |
| Price Per SF | $272.89 USD | Rentable Building Area | 16,200 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1975 |
| Property Subtype | Warehouse | Parking Ratio | 1.54/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 7 |
| Zoning | MS - Serviced Industrial | ||
| Price | $4,420,766 USD |
| Price Per SF | $272.89 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 |
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