25-49 Coldwater Road, Toronto, ON, M3B 1Y8, CA

25-49 Coldwater Road

Asset Description

Jones Lang LaSalle Real Estate Services, Inc. ("JLL" or the "Advisor") is pleased to offer for sale a 100% freehold interest in 25-49 Coldwater Road, North York, Ontario (the "Property"), a multi-tenant, flex-commercial building comprising 54,184-sf of high-quality small-bay space with 16' clear heights, 12 truck-level doors and 132 surface stalls, on a 2.7-acre lot. Strategically situated within an established urban business park of North York, just southwest of the Highway 401 and Don Valley Parkway ("DVP") intersection, the Property benefits from exceptional accessibility to the 400-series highway network, neighbouring transit & logistic hubs and an array of retail amenities.

The Property is currently fully leased to a diverse roster of tenancies, offering average in-place rents of ~$24.00 psf over a weighted average remaining lease term ("W.A.L.T.") of 3.0 years.

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Attributes

Building area net

54,184 sf

Land area gross

2.7 acres

Occupancy

100%

WAULT

3 years

Number of units

Parking spaces

132

Media

Investment Highlights

STRATEGIC GTA LOCALE

Centrally situated in an established urban commercial node within North York, featuring near-immediate proximity to major 400-series highways, including Highway 401 and DVP, including seamless accessibility to key logistic hubs, consumer & labour markets and the Toronto Pearson International Airport.

ATTRACTIVE TENANT ROSTER

Fully leased to a diverse mix of flex and light industrial users with attractive in-place rental rates averaging ~$24.00 psf with a W.A.L.T. of 3.0 years, as well as substantial annual rental escalations offering a future investor with stabilized cash flows and robust growth.

SUPERIOR ASSET WITH CONDO OPPORTUNITY

Professionally managed and coveted small-bay flex industrial space with recent capital upgrades of approximately $400,000, offering exceptional quality, clear heights of 16', 12 truck-level doors and 132 surface parking stalls - optimally configured for multi-tenant occupancy and future condo conversion.