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45 Eric T Smith Way
Aurora, ON L4G 7C6

Industrial Property For Sale · 62,763 SF

Investment Highlights

  • Ample parking
  • Close to public transit
  • Very close to Highway 404

Executive Summary

New industrial building, finished in 2022 and located very close to Highway 404.

PROPERTY FACTS

Unit Size 4,394 SF
No. Units 1
Total Building Size 62,763 SF
Property Type Industrial (Condo)
Property Subtype Warehouse
Sale Type Investment
Building Class B
Floors 2
Typical Floor Size 31,382 SF
Year Built 2022
Lot Size 4.34 AC
Parking Ratio 0.48/1,000 SF

1 Unit Available

Unit 17

Unit Size 4,394 SF
Condo Use Industrial
Sale Type Investment
Cap Rate 3.60%
NOI $64,551.06 USD
Description

Brand new industrial unit at prime location with many permitted uses. 24 foot clear height with truck level dock door and dock leveler.

Sale Notes

Fits 53 foot trucks at rear. Ideal for warehouse, manufacturing, machine shop, etc. Excellent location very close to Hwy 404, transit, restaurants, & shopping. Very large windows providing lots of natural light. Modern equipped with a brand new roof-top hvac. Location provides reliable access to public transit, labour, & more. Mortgage can be assumed for $1.7 million, at 7.59% interest rate.

Amenities

  • 24 Hour Access

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City Water
  • Sewer - Septic Field
  • Heating - Gas

zoning

Zoning Code EP-BP (Business Park) (Commercial / Industrial, Manufacturing, Storage/Warehouse, Recreation, More)
EP-BP (Business Park) (Commercial / Industrial, Manufacturing, Storage/Warehouse, Recreation, More)
  • Listing ID: 31387811

  • Date on Market: 4/2/2024

  • Last Updated:

  • Address: 45 Eric T Smith Way, Aurora, ON L4G 7C6

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