573 Alness Street, Toronto W05, ON M3J 2T8, Toronto W05, ON
101909.0 sqft
573 Alness offers 101,909 sf of multi-unit space on two levels. The 52,248 sf upper level was previously utilized as a customer-facing furniture showroom and is ideal for a single occupier or, it can be demised to two units. The 49,661 sf lower level was designed as a 10-unit multi-tenant layout with units of approximately 5,000 sf. Each of the lower-level units have entrances along Alness, offering excellent exposure for branding. The upper level is serviced by 6 TL doors and each of the 10 units on the lower level are serviced by 1TL door. There are two tenants in the building occupying a single and double unit on the lower level. The property is 85% vacant, including the entire upper level. This is a great building for showroom-type uses. Just minutes from an abundance of retail amenities and offering great exposure on high-traffic Alness Street, this is an excellent Occupier or Investor building. The property has some environmental contamination on site and the Vendor is in the process of conducting a risk assessment. The vendor will deliver the property as a risk assessed site, and if required, can assist the buyer with application for record of site condition.
Property Highlights
For Sale
MLS NO.
W12550698
Type
Commercial
Sub Type
Industrial
Square Footage
101909.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Industrial
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
W12550698
Security Features
Yes
Lot Width
454.97
Garage Type
Outside/Surface
Cooling
Partial
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
573 Alness Street, Toronto W05, ON M3J 2T8
City
Toronto W05
Neighbourhood
York University Heights
County / Region
Toronto
Province / State
ON
Postal Code
M3J 2T8
Cross Street
Dufferin St & Steeles Ave W
Directions
Dufferin St & Steeles Ave W
Country
CA
List Price
$27,300,000
Annual Taxes
$194,884
Tax Year
2025
Legal Description
PT LT 23 CON 3 WYS TWP OF YORK AS IN TB276443; TORONTO (N YORK), CITY OF TORONTO
Possession Type
Other
Possession Details
On Closing or Sooner
Listing Office
CUSHMAN & WAKEFIELD
Board
Toronto Regional Real Estate Board
Original Entry
2025-11-17T15:21:39Z
Media Updated
2025-11-17T15:21:39Z
Photos Updated
2025-11-17T15:21:39Z
Last Modified
2025-11-17T15:21:39Z
System Modified
2025-11-17T15:21:39.903368Z
MLS Status
New
Co List Office Name
CUSHMAN & WAKEFIELD
Ddfyn
No
Expiration Date
2026-08-31
Heat Type Multi
Gas Forced Air Closed
Hstapplication
In Addition To
Occupant Type
Vacant
Originating System Id
A00001796
Parcel Number
101790178
Public Remarks
573 Alness offers 101,909 sf of multi-unit space on two levels. The 52,248 sf upper level was previously utilized as a customer-facing furniture showroom and is ideal for a single occupier or, it can be demised to two units. The 49,661 sf lower level was designed as a 10-unit multi-tenant layout with units of approximately 5,000 sf. Each of the lower-level units have entrances along Alness, offering excellent exposure for branding. The upper level is serviced by 6 TL doors and each of the 10 units on the lower level are serviced by 1TL door. There are two tenants in the building occupying a single and double unit on the lower level. The property is 85% vacant, including the entire upper level. This is a great building for showroom-type uses. Just minutes from an abundance of retail amenities and offering great exposure on high-traffic Alness Street, this is an excellent Occupier or Investor building. The property has some environmental contamination on site and the Vendor is in the process of conducting a risk assessment. The vendor will deliver the property as a risk assessed site, and if required, can assist the buyer with application for record of site condition.