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6 - 1680 Midland Avenue

6 - 1680 Midland Avenue

Toronto E04, ON

2 bath • 2,869 sqft • Industrial • 433 days on market

$1,475,000

PRICE DECREASE with further potential to negotiate price. This owner-occupied industrial warehouse is being offered as a leaseback, generating an attractive cap rate and capital appreciation potential with a 10+5 triple net lease being offered to the purchaser. The current owners run a successful business at the location and are looking to free up capital for expansion. A true chance to set your own returns as an investor as the new lease will be negotiated directly with the current owners of the property. Well designed rectangular layout with front office/reception area with 2 washrooms. 7 exclusive parking spots and included with each unit. Minutes away from 401 On/Off Ramp with current zoning allowing for a variety of uses including automotive.

Listing Details

Taxes (2024)
$10,992
Listed
June 15, 2025

Price History

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
Midland Avenue & Ellesmere Rd
Zoning
E 0.7 (x192)
Parcel Number
766430006
Possession
Other

Commercial

Business Type
Warehouse
Occupancy
Owner
Office / Apartment Area
408 Sq Ft

Community

Postal area M1N

Population
22,976
Private dwellings
10,056
Median age
44.8
Average household size
2.4
Median household income
$90,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto E04 · last 12 months

Median sold price
$815,000
Homes sold
643
Median days on market
21
Sale-to-list price
99.2%

Based on 643 recorded sales of commercial properties in Toronto E04 over the last 12 months.

Listed by

KELLER WILLIAMS ADVANTAGE REALTY

Commercial figures

Building area
2,869 sq ft
Price per sq ft
$514.12
Annual property tax
$10,992
Tax per sq ft
$3.83

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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