344 Eastern Avenue For Sale

Toronto, South Riverdale, M4M 3G5

$4,625,000

Description

Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC..

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.

Buyers to confirm all information independently.

Location

View Map
  • Address: 344 Eastern Avenue
  • Neighborhood: South Riverdale
  • City: Toronto
  • State: Ontario
  • Postal Code: M4M 3G5

Property Details

  • Property ID: E8398914
  • Property Price: $4,625,000
  • Style: Commercial/Retail, Retail
  • Garage: Outside/Surface
  • A/C: Y
  • Basement: N
  • Heating: Elec Hot Water
  • Taxes: $20,304.36 (2024)
  • Lot: 75.00x102.00 (Feet)

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100

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