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33 Kern Rd 67,839 SF 100% Leased Flex Building Toronto, ON M3B 1S9 $20,500,000 CAD ($302.19 CAD/SF)
Investment Highlights
- Prime mixed-use opportunity with highly desirable building size and layout.
- The Building also offers ample surface parking, accommodating approximately 106 vehicles.
- Current tenants in the building include established businesses in travel/hospitality, automotive, and childcare sector.
Executive Summary
Located at the intersection of Kern Road and Don Mills Road, 33 Kern Road is a prime opportunity for users/investors and businesses seeking a high-quality flex building in a central location.
CBRE Limited (the "Advisor") is pleased to present for sale 33 Kern Road (the "Property" or "Site"), in the City of Toronto. The property features a 1-story flex commercial building offering approximately 67,893 sq. ft. total area on 4.42 acres of land. The property offers a versatile and highly desirable layout with office and warehouse space. Constructed in 1960, the building has undergone various improvements, and continues to be well maintained and in excellent condition. 33 Kern Road, benefits from its proximity to major arterial roads, Highway 401 and Don Valley Parkway, and TTC Transit. Additionally, the Property has an on-site daycare and is minutes away from various retail, entertainment, and restaurant amenities.
CBRE Limited (the "Advisor") is pleased to present for sale 33 Kern Road (the "Property" or "Site"), in the City of Toronto. The property features a 1-story flex commercial building offering approximately 67,893 sq. ft. total area on 4.42 acres of land. The property offers a versatile and highly desirable layout with office and warehouse space. Constructed in 1960, the building has undergone various improvements, and continues to be well maintained and in excellent condition. 33 Kern Road, benefits from its proximity to major arterial roads, Highway 401 and Don Valley Parkway, and TTC Transit. Additionally, the Property has an on-site daycare and is minutes away from various retail, entertainment, and restaurant amenities.
Property Facts
| Price | $20,500,000 CAD | Rentable Building Area | 67,839 SF |
| Price Per SF | $302.19 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1970 |
| Property Type | Flex | Parking Ratio | 0.44/1,000 SF |
| Property Subtype | Light Distribution | Clear Ceiling Height | 13’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 4.41 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | E 1.0 - Employment Industrial Zone | ||
| Price | $20,500,000 CAD |
| Price Per SF | $302.19 CAD |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 4.41 AC |
| Rentable Building Area | 67,839 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Parking Ratio | 0.44/1,000 SF |
| Clear Ceiling Height | 13’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | E 1.0 - Employment Industrial Zone |
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