20 Sherry Road
Toronto E04, ON
- 3,750 sqft
- Investment
- 196 days on market
Excellent Investment Opportunity In The Heart Of Scarborough's Golden Mile! Located On A Prime Clean Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Brand New Free-Standing Industrial Building Offers Approx. 3,750 Sq. Ft. Of Multi-Tenant Space With Approx. 22-Foot Clear Height. Featuring 3 Motor Vehicle Service Units, Each Unit Includes Two Large Drive-In Doors, A New Heating & Electrical System, And 3-Phase, 200-Amp, 600-Volt Power. All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate, And Significant Upside For Future Income Growth Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants.
Listing Details
- Taxes (2025)
- $22,692
- Listed
- February 20, 2026
Price History
Property
- Age
- 16-30
- Lot Size
- 73.25 x 177.69 Feet
Parking
- Garage
- Plaza
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Eglinton Ave E & Warden Ave
- Zoning
- Commercial
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 750 Sq Ft
Community
Postal area M1L
- Population
- 35,833
- Private dwellings
- 13,177
- Median age
- 38.8
- Average household size
- 2.8
- Median household income
- $78,000
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
- $810,500
- Homes sold
- 638
- Median days on market
- 20
- Sale-to-list price
- 99.2%
Based on 638 recorded sales of commercial properties in Toronto E04 over the last 12 months.
Listed by
PROPERTY.CA INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,750 sq ft
- Price per sq ft
- $933.33
- Annual property tax
- $22,692
- Tax per sq ft
- $6.05
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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