$4,625,000

344 Eastern Ave

South Riverdale, Toronto, Ontario, M4M 3G5

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Premier automotive asset in the esteemed Riverside neighbourhood, leased to CARSTAR on a short-term basis. Strategically positioned in proximity to the downtown core, the property is zoned E 3.0 (Employment Industrial), which permits a broad range of uses, including automotive repair and service shops, animal shelter, restaurants, storage, and industrial uses, including manufacturing, warehousing, and logistics. With flexible in-place zoning and significant development planned or underway in the surrounding area, investors and owner-users alike are poised to benefit from medium to long-term rental rate growth and value appreciation.

Property Info
MLS®: E8398914
Listing Courtesy of JONES LANG LASALLE REAL ESTATE SERVICES, INC.
Total Bedrooms 0
Total Bathrooms 0
Basement N
Floor Space 0 sq.ft.
Lot Size 7650 sq.ft.
Style other
Last Updated 2024-06-03
Property Type Commercial/Retail
Listed Price $4,625,000
Unit Pricing $4,625,000/sq.ft.
Strata Fee $0.00
Tax Estimate $20,304/Year
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