North York · For sale

236 Canarctic Drive

Property overview

Established Machine Shop & Tool & Die Business for Sale (Business Only - No Real Estate)Excellent opportunity to acquire a well-established machine shop specializing in tool & die, Custom Machining, injection Mold maintanance located in a functional industrial space. The premises offer approximately 2,150 sq. ft., including a 400 sq. ft. office area with air conditioning, providing a comfortable workspace for administrative operations. The shop features a 12 ft x 12 ft grade-level shipping door, allowing for easy loading and unloading with fixed Crane. The layout is efficient and suitable for manufacturing, machining, and fabrication operations. Lease Details: Current rent is $3,030/month including TMI. The previous lease expired in April; the current tenant is continuing on the same terms. If needed The purchaser will be required to negotiate and enter into anew lease agreement with the landlord. Operating Costs: Approximate annual expenses for heat, hydro, water, and insurance total $8,500.This is an ideal opportunity for an owner-operator or an expanding business looking to step into an operational setup in a convenient industrial location. Equipment and Machinery List attached.

Size
2,150 sq ft
Property use
Industrial Condo
Transaction
For sale
Clear height
18′
Shipping doors
12 drive-in
Industrial area
1,750 sq ft
Office area
400 sq ft
Freestanding
No
Rail
No
Cross street
Keel St & Canarctic Dr
Possession
Flex TBD
Municipality
North York, Toronto
Neighbourhood
York University Heights
Postal code
M3J 2P4
MLS®
W13075734

Listing information and trademarks

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Listed by THE CANADIAN HOME REALTY INC.. Joe Rosati is a Sales Representative with Lennard Commercial Realty, Brokerage.