30 Baywood Road, Toronto, ON, M9V 3Y8, CA

30 Baywood

Attributes

Building area net

5,900 m²

Year built

1975

Number of units

Zoning

E1.0

Shipping Doors

16 Drive-in-doors

Clear height

4.27 m

Description

Jones Lang LaSalle Real Estate Services, Inc. (“JLL” or the “Advisor”) is pleased to present the opportunity to acquire 100% freehold interest in a multi-tenant industrial warehouse property at 30 Baywood Road, Toronto, Ontario (the “Property” or “Offering”). The Property presents the opportunity to acquire a 63,509 square foot (“sf”) industrial site located on 2.78 acres in the North Etobicoke submarket.

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Investment Highlights

Highly Coveted Etobicoke Location

Strategically positioned with frontage along Highway 27, the Property features a highly coveted location within the sought-after industrial sub-market of Etobicoke.

Just under 10km from Pearson International Airport, the Property has immediate access to Highways 427 & 407 and exceptional accessibility to the extensive 400-series highway network, facilitating seamless connections to neighbouring municipalities and the abundant labour pools within the Greater Toronto Area (“GTA”).

Small Bay Fundamentals

The small bay industrial sector continues to demonstrate exceptional resilience, with unprecedented demand from diverse tenant segments including contractors, service businesses, light manufacturers, warehousing operators, and wholesale distributors.

Near Term Value Enhancement

Currently 93.3% leased to 61 tenants, the Portfolio provides a diversified risk and income profile with ability to drive meaningful near-term value through multiple strategies. An investor can leverage the 3.0-year WALT to capture market rent premiums of ±30.7%, demonstrated by recent leasing at Drew-Kimbel and comparable small-bay properties.