344 Eastern AVE Active

Toronto E01,ON M4M 3G5

$ 4625000

- Bed

- Bath

5433 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

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