40 Skagway Avenue, Unit #2

Industrial Condo Unit – For Sale

40 skagway pic

Asking Price: $429,000.00

Description:

  • Rarely available industrial condominium unit, for sale.
  • Unit was originally built With 4,500 Sq. Ft. of floor area and 18′ ceilings with clear span.
  • Current configuration contains mezzanine space of an additional 4,000 Sq. Ft. (Approx.) for a total usable area of 8,500 sq. ft. w/ over 8′ ceilings.
  • The current owner of the building – a moving company has partitioned most of the space for storage lockers.
  • BUYER CAN ASSUME EXISTING INCOME OF APPROX $3,500/MO FROM 30 OF THE 52 LOCKERS OR VACANT POSSESSION ON CLOSING.
  • Continue it’s existing use or remove existing partitions making the unit suitable for a variety of uses.
  • Approx. 1,500 sq. ft., 2 level front office area at front.
  • 1 Truck level loading & parking for 3 cars at rear.
  • Realty Taxes (2013): $15,130.00
  • Condo Maint. Fees: $502.00 per month.

Location

  • Scarborough, running East off  Brimley Road.
  • Just south of Eglinton Ave. East and Danforth Ave.
  • Easy Access to the #401 and Central Business District.

Zoning:

  • E 0.7
  • Allows for many uses including light industrial, offices and studio space.

 

Property Map: