49 Cranfield Road, Toronto, ON M4B 3H3, Toronto E03, ON
1.33 sqft
Rare 1.33 acre (57,813 SF) infill Employment Industrial land in O'Connor-Parkview. $4,499,000 priced at 5.38% going-in cap on projected stabilized NOI of $242,087 from two industrial outdoor storage (IOS) tenancies anchored by Atlas Polar Co. Ltd. (occupancy since 2021; term to June 30, 2027). Zoning E 1.0 (x229) permits IOS. Embedded value-add: Vendor commissioned architectural drawings (A& Associates, 2019-2020) for an 83,233 SF, 872-unit, 5-storey self-storage facility, plus draft amending by-law (Tribunal File PL171477, without prejudice). Also a strong industrial condo candidate evidenced by adjacent 45 Cranfield precedent.
Property Highlights
For Sale
MLS NO.
E13590858
Type
Commercial
Sub Type
Investment
Square Footage
1.33 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
E13590858
Lot Width
20.18
Lot Size
1.33
Lot Size Units
Acres
Garage Type
Outside/Surface
Cooling
No
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
49 Cranfield Road, Toronto, ON M4B 3H3
City
Toronto E03
Neighbourhood
O'Connor-Parkview
County / Region
Toronto
Province / State
ON
Postal Code
M4B 3H3
Cross Street
Cranfield Rd & Northline Rd
Directions
Rd; south on Cranfield Rd. Shared driveway access.From DVP exit Eglinton Ave E eastbound; south on O'Connor Dr; west on Bermondsey
Country
CA
List Price
$3,995,000
Annual Taxes
$16,925
Tax Year
2025
Legal Description
PART OF BLOCK D, PLAN 3683 EAST YORK, DESIGNATED AS PARTS 4, 5 & 6 PLAN 66R-19367 ; S/T IN FAVOUR OF PT BLK B PL3281 & PT BLK D PL3683, PT 1 64R9635 OVER PT 2 66R-18914 AS IN EY85557, EAST YORK, CITY OF TORONTO. , CITY OF TORONTO
Possession Type
Immediate
Possession Details
ASAP
Listing Office
ROYAL LEPAGE SIGNATURE REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2026-07-21T22:27:49Z
Media Updated
2026-07-21T22:27:50Z
Photos Updated
2026-07-21T22:27:50Z
Last Modified
2026-07-22T21:55:27Z
System Modified
2026-07-22T21:55:27.803468Z
MLS Status
New
Co List Office Name
ROYAL LEPAGE SIGNATURE REALTY
Ddfyn
Yes
Expiration Date
2027-01-20
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
103750311
Public Remarks
Rare 1.33 acre (57,813 SF) infill Employment Industrial land in O'Connor-Parkview. $4,499,000 priced at 5.38% going-in cap on projected stabilized NOI of $242,087 from two industrial outdoor storage (IOS) tenancies anchored by Atlas Polar Co. Ltd. (occupancy since 2021; term to June 30, 2027). Zoning E 1.0 (x229) permits IOS. Embedded value-add: Vendor commissioned architectural drawings (A& Associates, 2019-2020) for an 83,233 SF, 872-unit, 5-storey self-storage facility, plus draft amending by-law (Tribunal File PL171477, without prejudice). Also a strong industrial condo candidate evidenced by adjacent 45 Cranfield precedent.
