773 Warden Avenue, Toronto E04, ON M1L 4C2
$13,850,000
$13,850,000
MLS®#:
E12805042
Property Type:
Industrial
Property Style:
Area:
Toronto
Community:
Clairlea-Birchmount
Taxes:
$69,940 / 2025
Added:
February 20 2026
Lot Frontage:
187
Lot Depth:
461.2
Status:
Active
Outside:
Year Built:
Brokerage:
PROPERTY.CA INC.
Lot :

461

187

BIG LOT

Intersection:
Eglinton Ave E & Warden Ave
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Partial
Heating Type:
Gas Forced Air Open
Heating Fuel:

Listing Details

Excellent Investment Opportunity In The Heart Of Scarborough's Golden Mile! Located On A Prime Lot Near Warden Ave And Eglinton Ave, This High-Income-Producing, Free-Standing Industrial Building Offers Approx. 2.33 Acres. Of Land With Multi-Tenant Spacse With Approx. 20-Foot Clear Height. Featuring Multiple Motor Vehicle Service Units, Office Units, And Retail Spaces. Each Unit Includes Multiple Large Drive-In Doors All Units Are Currently Leased, Providing Stable Cash Flow With A Strong Cap Rate You Won't Find Anywhere Else, And Significant Upside For Future Income Growth With The Golden Mile Secondary Plan, Which Will Allow For The Redevelopment Of Land Along The New Crosstown LRT Route, End-User Occupancy, Or Redevelopment Potential. Zoning Allows For A Range Of Uses Including Automotive Service, Repairs, Warehousing, Manufacturing, Distribution, And Offices. Conveniently Located Steps From TTC Bus Routes, And Surrounded By Complementary Businesses Including Auto Parts Suppliers And Dealerships. Please Do Not Approach Or Disturb Tenants.

Insights

  1. Strong Cash Flow: The property is fully leased with multiple tenants, ensuring a stable income stream and a strong cap rate, making it an attractive investment for buyers seeking immediate returns.
  2. Redevelopment Potential: Located in the Golden Mile area, the property is positioned for future growth and redevelopment opportunities, especially with the new Crosstown LRT route, which could significantly increase its value.
  3. Prime Location: Situated at a key intersection near Warden Ave and Eglinton Ave, the property benefits from high visibility and accessibility, surrounded by complementary businesses and public transit options, enhancing its appeal to potential tenants and customers.

Neighborhood Overview

Complete neighborhood profile for 773 Warden Avenue

Clairlea-Birchmount home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Clairlea-Birchmount
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)