For Sale

5318 Finch Avenue Unit# 1-4, Toronto E07, Ontario M1S 5G2

$2,695,000

5318 Finch Avenue Unit# 1-4, Toronto E07, Ontario M1S 5G2 is For Sale and has a listing price of 2,695,000. The property is located in the Armdale neighbourhood . It's been on the website for 94 Days.

  • Industrial
    Property Type
  • MLS ID: E11993831
  • Office Name AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Property Description

Rare user/investor opportunity to purchase an industrial condominium unit in North Scarborough with quick access to Highway 401 and 407, public transit, and local amenities. The property is 5,991sf with 17′ clear height, 3 truck-level doors that can accommodate 53′ trailers. The property is currently tenanted. Tenant is paying $159,135 net per annum with 3% yearly escalation until Jan 23, 2028 with no options to renew. Strong investment return with the option in 3 years to take possession for an owner user

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: E11993831
  • Price: $2,695,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: N/A
  • Ref ID: E11993831
  • Dir / Cross St: Finch E and Markham Rd
  • Status: Active
  • Tax Year: 2024
  • Property Type: Industrial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
02/28/2025 202526322 $2,999,000 For Sale - -
02/28/2025 E11993831 $2,695,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Armdale
  • $890,226 Average List Price
    based on 1 year
  • 19 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0 % Up
  • Sold (12mo) 0
  • Rented (12mo) 1

  • 1 Month Change -100.0%
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
  • 51 Walk Score
    Somewhat Walkable
  • 66 Transit Score
    Good Transit
  • 33 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    26.18%
  • Commercial
    13.52%
  • Condo
    60.3%
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Taxes: $17,731
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 28/02/2025 19:45:03
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