ONTorontoToronto W05573 Alness Street
573 Alness Street
Interior view
Interior view
22
For Sale239 days on Market

573 Alness Street

Toronto W05, ON, M3J 2T8

Community:York University Heights

Asking Price

$27,300,000

Frontage

454.97 ft.

Lot Depth

290.51 ft.

Square Foot

101,909 ft.

Lot Area

Zoning

Commercial

573 Alness Street, Toronto W05, M3J 2T8

Property Description

Original 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.

PROPERTY HISTORY

573 Alness Street

PROPERTY DETAILS

OccupancyIndustrial
Possession TypeFor Sale
Heating TypeGas Forced Air Closed
WaterMunicipal
SewersSanitary+Storm
Retail Area101,909 ft
Ownership Type
Basement
Garage TypeOutside/Surface
Elevator
CommunityYork University Heights
Hours Open
CategoryFree Standing
LLBO
Days Open
Business / BuildingLot
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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Consult Type

Consult typically takes 30–45 minutes