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$ 27,300,000
Est. payment | /mo
$ 27,300,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision York University Heights
MLS Listing ID W12550698
Annual Tax Amount $194,883
Tax Year 2025
Property Sub-Type Industrial
Property Description
573 Alness offers 101,909 sf of multi-unit space on two levels. The 52,248 sf upper level was previously utilized as a customer-facing furniture showroom and is ideal for a single occupier or, it can be demised to two units. The 49,661 sf lower level was designed as a 10-unit multi-tenant layout with units of approximately 5,000 sf. Each of the lower-level units have entrances along Alness, offering excellent exposure for branding. The upper level is serviced by 6 TL doors and each of the 10 units on the lower level are serviced by 1TL door. There are two tenants in the building occupying a single and double unit on the lower level. The property is 85% vacant, including the entire upper level. This is a great building for showroom-type uses. Just minutes from an abundance of retail amenities and offering great exposure on high-traffic Alness Street, this is an excellent Occupier or Investor building. The property has some environmental contamination on site and the Vendor is in the process of conducting a risk assessment. The vendor will deliver the property as a risk assessed site, and if required, can assist the buyer with application for record of site condition.
Location
Province ON
County Toronto
Community York University Heights
Area Toronto
Zoning Industrial
Interior
Cooling Partial
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 454.97
Lot Depth 290.51
Building
Building Age 31-50
Others
Security Features Yes
ParcelsYN No
Listed by CUSHMAN & WAKEFIELD
We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.