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$ 495,000
Est. payment | /mo
1 Bed
1 Bath
$ 495,000
Est. payment | /mo
1 Bed
1 Bath
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Municipality Toronto E01
Subdivision South Riverdale
MLS Listing ID E12734458
Bedrooms 1
Condo Fees $744
Annual Tax Amount $9,960
Tax Year 2025
Property Sub-Type Industrial
Property Description
Compelling value opportunity to acquire approximately 1,000 sq.ft. of industrial artist studio space at an attractive entry point below market value in the iconic i-Zone Lofts at Dundas Street East and Carlaw Avenue. With 17-foot clear ceiling height, this unit offers the potential to add an approximately 385 sq.ft. mezzanine (buyer to verify), materially increasing usable area and improving long-term return on capital without expanding the footprint. The space features sealed concrete floors, double entrance doors, shared access to two truck-level loading docks, brand-new ductless air conditioning, and a roughed-in two-piece washroom. Freshly painted and move-in ready, the unit is well suited for artist studio, production, light industrial or distribution and similar permitted uses. An adjacent approximately 1,500 sq.ft. unit may be available for combination, creating a total area of roughly 2,500 sq.ft.-a rare assembly opportunity in a tightly held downtown industrial complex. Located minutes to the DVP, Gardiner, and Lakeshore and within walking distance to the future Gerrard Station on the Ontario Line, supporting long-term demand and value growth. Offered at a price point that is difficult to replicate for downtown industrial space, this asset presents strong fundamentals, flexible use, expansion potential, limited replacement supply and transit-driven appreciation.
Location
Province ON
County Toronto
Community Toronto E01
Area Toronto
Rooms
Kitchen 1
Interior
Cooling No
Heat Source Gas
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Others
Security Features Yes
ParcelsYN No
Listed by COLDWELL BANKER REAL ESTATE PROFESSIONALS
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