Business For Sale · Industrial

1615 WARDEN AVENUE, Toronto (Wexford-Maryvale)

1615 WARDEN AVENUE, Toronto (Wexford-Maryvale), ON M1R2T3

Price on request

30,400 SF

Asset Class

Industrial

Size

30,400 SF

Building class

C

Zoning

IL — Light Industrial

$ / SF

—

Occupancy

94%

Lot Size

30400 ac

Clear height

22 ft

Loading docks

7

About this property

Rare opportunity to lease a freestanding industrial facility offering exceptional privacy, full-site control, and excellent functionality. Ideal for businesses seeking the independence and operational flexibility of a standalone building. The property features a fully fenced and gated rear yard with two drive-in shipping doors, providing convenient access for vehicles, equipment, deliveries, and outdoor operations.Strategically located on Warden Avenue, just minutes from Highway 401, the property offers excellent connectivity throughout the GTA and convenient access for shipping, employees, and customers. The surrounding area provides a wide range of restaurants, cafés, retail amenities, and business services.Zoned E 0.8 (Employment Industrial), allowing for a broad range of employment and industrial uses, including manufacturing, warehousing, distribution, contractor operations, cold storage, and other permitted uses.An outstanding opportunity to secure a well-located, highly functional freestanding industrial property in a sought-after Scarborough employment area. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design10,845 SF2029-10
Blue Harbour Design6,697 SF2029-10
Blue Harbour Design11,004 SF2029-10

Area demographics

Trade area within 3 miles of the property.

Population

74,805

Households

33,092

Median income

$123,000

Median age

32.2

Daytime population

89,982

5-yr growth

0.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1615 WARDEN AVENUE, Toronto (Wexford-Maryvale).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.