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49 CRANFIELD ROAD, Toronto, Ontario

$4,499,000

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. (id:23309)

Listing ID: E13164064
Property Type: Vacant Land

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Details

Transaction: For sale
Zoning Description: E 1.0 (x229) Employment industrial

Building

Fireplace Present: False
Size Interior: 1 ac

Land

Acreage: true
Size Frontage: 20 ft ,2 in
Size Irregular: 1.33
Size Total: 1.33 ac

Listing provided by ROYAL LEPAGE SIGNATURE REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 49 CRANFIELD ROAD in Toronto Ontario. It was last modified on May 22nd, 2026. Contact Tom Linkletter to schedule a viewing or to discover other Toronto real estate for sale.

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