1200 Tapscott Road, Toronto (Rouge), Ontario M1X1M5

Listing courtesy of Royal Lepage Proalliance Realty.

$14,900,000
6
BA
41,679
SqFt

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List Price
$14,900,000
Status
ACTIVE
Days on Market
50
MLS® #
CentralLakesAssociationofREALTORS-E13594820
Bathrooms
6
Living Area
41,679
Lot Size
87,120
Acres
2
Subdivision
Rouge E11
Neighborhood
Rouge E11
MLS Area Major
Rouge E11

Property Description

A great opportunity to acquire a premium, high-visibility industrial asset situated on a prominent 2-acre corner lot in a highly sought-after Scarborough employment hub. This property is being offered for the first time in years. 41,679 square feet of brick construction, this quality building offers a Buyer flexibility for their business use. 10,263 square feet is leased to a tenant while the remainder can be available for an end-user. The ceiling height is 18' clear, numerous truck level doors and drive-in doors provide for easy shipping. The property is well located between the 407 & 401. The roof was replaced in 2023 for $580,000 thereby minimizing near-term CAPEX. There is an existing cell tower lease providing passive revenue. Phase 3, 600 Volt, 600 Amp 4 Wire Electrical is available. A current Phase I & II and other property information are available to interested parties upon signing a confidentiality agreement. (id:5764)

Additional Information

Taxes
$74,557
Community Features
Rouge E11
Heating
Forced air, Natural gas
Air Conditioning
Partially air conditioned

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