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$ 14,200,000
Est. payment | /mo
50,120 SqFt
$ 14,200,000
Est. payment | /mo
50,120 SqFt
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 50,120 sqft
Price per Sqft $283
Subdivision Dixie
MLS Listing ID W12239423
Annual Tax Amount $106,114
Tax Year 2025
Property Sub-Type Industrial
Property Description
The Property is an exceptionally located, multi-tenant light industrial complex comprising 50,120 SF across four freestanding buildings, situated on a total of 2.66 acres. The buildings are divisible into small-bay units ranging from +/- 1,000 SF, with flexible layouts ideal for a mix of industrial, showroom, and service users. The site features a combination of drive-in level shipping and ample on-site parking. The Property is currently tenanted on month-to-month leases, offering immediate flexibility for repositioning, occupancy, or redevelopment. Full buildings can be made available for a user/investor, providing an excellent opportunity for owner-occupancy within a multi-unit industrial environment. Strategically located in the heart of the Dixie-Queensway corridor, the Property offers excellent access to the QEW, Highway 427, and Pearson Airport, making it highly attractive to small- and mid-sized occupiers. Due to its frontage, zoning, and unit mix, the Property is also well-positioned for a strata-condo conversion, with similar nearby assets trading in the $450-$480 PSF range, a substantial premium to the asking price. Alternatively, the Property can be retained as a flexible, income-producing asset with clear upside through lease-up and strategic upgrades.
Location
Province ON
County Peel
Community Dixie
Area Peel
Zoning E2-131
Interior
Cooling Partial
Exterior
Utilities Available Yes
Others
Security Features Partial
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
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