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MLS® E13164052
O'Connor-Parkview, Toronto, ON
Rare 1.33 acre (57,813 SF) infill Employment Industrial land in O'Connor-Parkview. $4,499,000 priced at 5.38% going-in cap on projected stabilized NOI of $242,087 from two industrial outdoor storage (IOS) tenancies anchored by Atlas Polar Co. Ltd. (occupancy since 2021; term to June 30, 2027). Zoning E 1.0 (x229) permits IOS. Embedded value-add: Vendor commissioned architectural drawings (A& Associates, 2019-2020) for an 83,233 SF, 872-unit, 5-storey self-storage facility, plus draft amending by-law (Tribunal File PL171477, without prejudice). Also a strong industrial condo candidate evidenced by adjacent 45 Cranfield precedent.
Broker
ROYAL LEPAGE SIGNATURE REALTY
Neighbourhood
O'Connor-Parkview
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Investment
49 Cranfield Road Toronto
O'Connor-Parkview
Type
Investment
Parking
Outside/Surface
Property Tax
~$16,925/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
1 sqft
Parking
Outside/Surface
Finances
List Price
$4,499,000
Price per SQFT
$4,499,000/sqft
Property Tax
~$16,925/yr
Property Specs
Property Type
Investment
MLS Size
1 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
O'Connor-Parkview
Listed On
May 22, 2026
Major Highway
Public Transit
Days on Market
Current: 169 days
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