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

30 Baywood

Attributes

Building area net

63,515 sf

Year built

1971

Zoning

E1.0

Clear height

14 ft

WALT

1.5 years

Occupancy

70%

Shipping Doors

16 Drive-in-doors

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 building at 30 Baywood Road, Toronto, Ontario (the “Property” or “Offering”). The Property presents the opportunity to acquire a 63,515 square foot (“sf”) industrial site located on 2.78 acres in the North Etobicoke submarket. The Property houses eleven tenants operating primarily month-to-month, achieving a 70% occupancy rate. Only two tenants hold fixed-term leases extending through 2027 and 2028.

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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.

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

This property presents significant value-add opportunities through several strategic approaches. With only two tenants occupying 25,207 square feet under contractual leases expiring in 2027 and 2028 respectively, the flexible lease structure allows investors to capitalize on rental rate increases to current market levels while maintaining the future option for condominium conversion.