
Asphodel-Norwood, ON K0L 2V0
Industrial/Manufacturing/Warehousing/Shop/Research (M1 zoning) opportunity in Norwood, located at 32 Industrial Drive. The property offers the potential of 7,800 square feet, with approximately 6,800 sq ft of industrial space on the main level, and currently includes approximately 1,000 sq ft with 16-foot clear ceilings. It is possible to achieve up to approximately 6,800 sq ft of industrial space with full 16-foot clear height through removal of the existing mezzanine. Office space (8 offices-2 on the upper level and 6 on the lower level) occupies approximately 1,100 sq ft across two floors, along with 3 washrooms and a lunchroom. The current mezzanine, constructed in 2009/2010, is exceptionally well built to stringent municipal specifications, offering approximately 5,800 sq ft of additional usable space. Ceiling height from the main floor to the mezzanine is approximately 8'6", and additionally 6'10" from the mezzanine to the roof. Situated on just over 9 acres, a portion is environmentally protected, with remaining usable land suitable for parking or limited outdoor storage. The building is serviced by 600-amp, three-phase power, supporting a wide range of applications. Features include multiple loading points, including a raised dock-level door and a grade-level door with ramp access. Strong connectivity with quick access to Highway 7 and Highway 115, providing efficient routes to both the 401 and 407 corridors.
TRREB MLS® Attribution
MLS® X13046854
Listed by CENTURY 21 UNITED REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$5,127
/month · $840,000 mortgage
Amortization
Total Interest
$698,187
Total Cost
$1,538,187
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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CENTURY 21 UNITED REALTY INC.