Commercial Real Estate in Mimico available for sale
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Truck Stop or Truck Terminal for Sale near Mimico

Mimico Truck Stop or Truck Terminal for Sale

More details for 124 Portland St, Toronto, ON - Industrial for Sale

124 Portland St

Toronto, ON M8Y 1A8

  • Industrial for Sale
  • $6,200,000 CAD
  • 14,327 SF

Toronto Industrial for Sale - West Toronto

Prime Investment Opportunity in Etobicoke Strong Income with Exceptional Development Upside Strategically located in a well-established residential neighbourhood of Etobicoke, this rare commercial property offers both immediate cash flow and long-term development potential. The asset currently generates stable revenue from multiple tenants on flexible month-to-month leases, allowing a seamless transition for investors looking to maintain income or reposition the site for higher value. Positioned just steps away from a new condominium development, the property is ideally situated for mixed-use redevelopment, benefiting from strong area fundamentals and increasing residential density. The surrounding neighbourhood is undergoing notable revitalization, underscoring the viability of future transformation into residential, commercial, or combined-use space subject to municipal approvals. Key Highlights: Well-maintained commercial building with stable rental income, Month-to-month tenancies offer investor flexibility and ease of repositioning, Located in a thriving Etobicoke neighbourhood experiencing residential growth, Adjacent to a new condo development a clear indicator of the area's evolving land use, Excellent frontage and accessibility in a transit-friendly, high-demand location. This is a unique opportunity for developers and investors alike to capitalize on a high-performing asset today while planning for a lucrative redevelopment tomorrow.

Contact:

RE/MAX Realtron Realty Inc

Property Subtype:

Manufacturing

Date on Market:

2025-07-17

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Truck Stops & Truck Terminals for Sale Within 5 kilometers of Mimico

Truck Stops & Truck Terminals for Sale in Mimico

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How many truck stops & truck terminals are available for sale in Mimico?
There are currently 1 truck stops & truck terminals available for sale in Mimico, offering a unique opportunity for businesses to establish a presence.
How big are the truck stops & truck terminals available for sale in Mimico?
The average size of truck stops & truck terminals available for sale in Toronto is about 14,327 SF. The largest truck stops & truck terminals available to buy is 14,327 SF and the smallest is 14,327 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for truck stops & truck terminals in Mimico?
The average market cap rate for truck stops & truck terminals for sale is about 4.50% based on data provided in Mimico. Learn more about how cap rates are calculated.