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40 Penn Dr 42,563 SF Industrial Building Toronto, ON M9L 2A9 $12,200,000 CAD ($286.63 CAD/SF)
Investment Highlights
- Excellent connectivity to Highway 400, Highway 407, Highway 401, and major arterial routes throughout the GTA.
- Located within a mature industrial node surrounded by manufacturing, warehousing, logistics, and service commercial users.
- Situated on a generous site with on-site parking and outdoor circulation space.
- Proximity to Pearson International Airport supports regional and international business needs.
Executive Summary
Well-maintained industrial facility totaling 42,563 square feet, ideally situated in a prime location with exceptional access to Highways 400, 401, and 407. Fully leased industrial investment property generating stable, predictable cash flow. The property features two drive-in doors and five truck-level doors, offering an efficient and functional layout suitable for warehousing, distribution, or light manufacturing. Clean and versatile space presents an excellent opportunity for owner-users or investors.
Property Facts
| Price | $12,200,000 CAD | No. Stories | 1 |
| Price Per SF | $286.63 CAD | Year Built | 1970 |
| Sale Type | Investment or Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.18/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’6” |
| Building Class | C | No. Dock-High Doors/Loading | 5 |
| Lot Size | 1.82 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 42,563 SF | ||
| Zoning | E1.0 - Employment Industrial | ||
| Price | $12,200,000 CAD |
| Price Per SF | $286.63 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.82 AC |
| Rentable Building Area | 42,563 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Tenancy | Single |
| Parking Ratio | 0.18/1,000 SF |
| Clear Ceiling Height | 15’6” |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | E1.0 - Employment Industrial |
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Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Contacts
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Terry Di Felice -
Justin McNamara -
Alex Sgro
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John LaFontaine -
Drake LaFontaine -
CBRE, Limited
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40 Penn Dr
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