For Sale

2450 Morningside Avenue Unit# 9, Toronto E11, Ontario M1X 2E5

$5,000,000

2450 Morningside Avenue Unit# 9, Toronto E11, Ontario M1X 2E5 is For Sale and has a listing price of 5,000,000. The property is located in the Toronto E11 . It's been on the website for 58 Days.

  • Industrial
    Property Type
  • MLS ID: E11995600
  • Office Name RE/MAX IMPERIAL REALTY INC.
Property Description

Calling investors***** Rare investment opportunity.*** The property is tenanted at $20/sq net with yearly escalation and TMI. AAA tenant, current lease ends on March30, 2030.***** The property located In The Heart of Scarborough, Morningside Business Centre Offers a Rare Opportunity to Occupy State-of-the art Industrial Condos, Including Mezzanine. Best-in-class Specifications Including, 28′ Clear Ceilings, Two Loading Docks Accommodate 53′ Trailers, High Efficiency Led Lighting, Esfr Sprinkler System And More. Optimal Environment For Light Manufacturing, Warehousing, And Distribution. Excellent Accessibility To Major Transportation Routes, Ensuring Convenient Access With Suppliers, Customers, And Labor Markets.

Property Details
  • MLS ID: E11995600
  • Price: $5,000,000
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: E11995600
  • Year Built: N/A
  • Dir / Cross St: Morningside/Finch
  • Status: Active
  • Tax Year: 2024
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/02/2025 202514068 $5,000,000 -
03/02/2025 E11995600 $5,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto E11
  • $1,056,720 Average List Price
    based on 1 year
  • 68 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 145.7 % Up
  • Sold (12mo) 83
  • Rented (12mo) 136

  • 1 Month Change +726.4%
  • 3 Month Change -
  • 6 Month Change +267.8%
Walkscore
Property Type Distribution
  • All Houses
    42.18%
  • Commercial
    11.06%
  • Condo
    46.76%
Additional Details
  • Heat Type Y
  • Garage Type Outside/surface
  • Taxes: $11,956
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 02/03/2025 03:01:51
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