$ 4,625,000
344 Eastern AVE Toronto E01, ON M4M 3G5
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$ 4,625,000
Est. payment | /mo
5,433 SqFt
$ 4,625,000
Est. payment | /mo
5,433 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,433 sqft
Price per Sqft $851
MLS Listing ID E8398914
Annual Tax Amount $20,304
Tax Year 2024
Property Description
Premier automotive asset in the esteemed Riverside neighbourhood, leased to CARSTAR on a short-term basis. Strategically positioned in proximity to the downtown core, the property is zoned E 3.0 (Employment Industrial), which permits a broad range of uses, including automotive repair and service shops, animal shelter, restaurants, storage, and industrial uses, including manufacturing, warehousing, and logistics. With flexible in-place zoning and significant development planned or underway in the surrounding area, investors and owner-users alike are poised to benefit from medium to long-term rental rate growth and value appreciation.
Location
Province ON
County Toronto
Zoning E 3.0
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Others
Security Features Yes
Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.