18
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$14,900,000
Est. payment /mo
6 Baths
New
1200 Tapscott RD Toronto E11, ON M1X 1M5
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Municipality Toronto E11
Subdivision Rouge E11
MLS Listing ID E13594820
Annual Tax Amount $74,557
Tax Year 2025
Property Sub-Type Industrial
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 long-term 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.
Location
Province ON
County Toronto
Community Toronto E11
Area Toronto
Interior
Cooling Partial
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 359.6
Lot Depth 218.43
Building
Building Age 31-50
Others
Security Features Yes
ParcelsYN No
Listed by Royal Lepage Proalliance Realty