$3,995,000
49 Cranfield Road, Toronto, ON M4B 3H3
Toronto · O'Connor-Parkview · M4B 3H3
Key Facts
Tax
$16,925 (2025)
Type
Land
Size
1.33 sqft
Lot
1.33 sqft
Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description
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
Inside
Utilities
Building
Parking
Land
Financial Details
Listing Information
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