20 Sherry Road, Toronto E04, ON M1L 4J5, Toronto E04, ON
3750.0 sqft
Excellent Investment Opportunity In The Heart Of Scarborough's Golden Mile! Located On A Prime Clean Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Brand New Free-Standing Industrial Building Offers Approx. 3,750 Sq. Ft. Of Multi-Tenant Space With Approx. 22-Foot Clear Height. Featuring 3 Motor Vehicle Service Units, Each Unit Includes Two Large Drive-In Doors, A New Heating & Electrical System, And 3-Phase, 200-Amp, 600-Volt Power. All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate, And Significant Upside For Future Income Growth Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants.
Property Highlights
For Sale
MLS NO.
E12805016
Type
Commercial
Sub Type
Investment
Square Footage
3750.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E12805016
Security Features
No
Lot Width
73.25
Garage Type
Plaza
Cooling
No
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
20 Sherry Road, Toronto E04, ON M1L 4J5
City
Toronto E04
Neighbourhood
Clairlea-Birchmount
County / Region
Toronto
Province / State
ON
Postal Code
M1L 4J5
Cross Street
Eglinton Ave E & Warden Ave
Directions
Eglinton Ave E & Warden Ave
List Price
$3,500,000
Annual Taxes
$22,692
Tax Year
2025
Legal Description
PT LT 12, PL 3759 , AS IN SC234859 EXCEPT THE EASEMENT THEREIN, SCARBOROUGH , CITY OF TORONTO
Possession Type
Flexible
Possession Details
Flexible
Listing Office
PROPERTY.CA INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-02-20T14:23:19Z
Media Updated
2026-02-20T14:23:19Z
Photos Updated
2026-02-20T14:23:19Z
Last Modified
2026-02-20T14:23:19Z
System Modified
2026-02-20T14:23:19.647369Z
MLS Status
New
Basement Yn
No
Ddfyn
Yes
Expiration Date
2026-12-31
Heat Type Multi
Other
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Public Remarks
Excellent Investment Opportunity In The Heart Of Scarborough's Golden Mile! Located On A Prime Clean Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Brand New Free-Standing Industrial Building Offers Approx. 3,750 Sq. Ft. Of Multi-Tenant Space With Approx. 22-Foot Clear Height. Featuring 3 Motor Vehicle Service Units, Each Unit Includes Two Large Drive-In Doors, A New Heating & Electrical System, And 3-Phase, 200-Amp, 600-Volt Power. All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate, And Significant Upside For Future Income Growth Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants.
