Office Listings
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- E12185866
- Bus Major:
- Warehouse
- Photos (28)
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Incredible opportunity to acquire a fully leased (except one month-to-month unit) small-bay industrial asset with strong in-place cash flow and significant upside potential. This listing includes both 260 Nantucket Blvd (22,136 SF) and 1309 Kennedy Rd (18,625 SF), situated on a combined 2.598 acres of land in the heart of Scarborough. Strategically located with frontage on Kennedy Road and direct access to TTC transit, both properties are tenanted under a mix of gross and net leases with staggered expiries between 2026 and 2029, offering a balance of income stability and future leasing flexibility. Together, the properties generate an annual gross rent of approximately $811,745, with an estimated net operating income (NOI) of over $660,000. Additional land situated between the buildings offers potential for future value creation through development or reconfiguration. Zoned ME & MC (1309 Kennedy) and M & VS (260 Nantucket), the properties allow for a broad range of industrial, commercial, automotive, office, and institutional uses. Buyers are advised to conduct their own due diligence on zoning and permitted uses. This is a rare chance to secure a high-performing industrial/commercial asset in one of Toronto's most active and well-connected employment nodes.
- Property Type:
- Commercial
- Property Sub Type:
- Industrial
- Freestanding:
- Yes
- Total Area:
- 113169 sq. ft. Acres
- Total Area:
- 2.6 acre(s)1.05 hectare(s)
- Industrial Area:
- 40761 sq. ft. Sq Ft
- Depth:
- 680'10¼"208 m
- Frontage:
- 166'2½"50.7 m
- Water supply:
- Municipal
- Zoning:
- ME & MC
- Heating type:
- Fan Coil
- Clear Height:
- 14'9"4.5 m
- Garage:
- Plaza
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Not Subject to HST
- Type Taxes:
- Annual
- Taxes:
- $116,559.26 / 2024
- Assessment:
- $- / -
- Toronto E04
- Dorset Park
- Toronto
- Partial
- None
- No
- Utilities:
- Available
- Sewers:
- Sanitary
- Air Conditioning:
- Partial
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Major Business Type:
- Warehouse
- Category:
- Multi-Unit
- Franchise:
- No
- Days Open:
- Varies
- Chattels:
- No
- Number of Double Man Shipping Doors:
- 0
- Number of Drive-In Level Shipping Doors:
- 0
- Number of Grade Level Shipping Doors:
- 0
- Number of Truck Level Shipping Doors:
- 0
- Date Listed:
- May 30, 2025
- Original Price:
- $14,999,000
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated August 11, 2025 at 06:15 AM (UTC)
- JOACHIM NG
- ROYAL LEPAGE SIGNATURE REALTY
- 1 (416) 8897518
- Contact by Email
The enclosed information while deemed to be correct, is not guaranteed.