236 Canarctic Drive, Toronto - $175,000 | Modern Solution Realty

236 Canarctic Drive

236 Canarctic Drive, Toronto

236 Canarctic Drive in Toronto - 0 bedroom, 0 bathroom. Listed at $175,000.

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.

Property Details

  • Property Type: Mortgage
  • Square Footage: 2150 sqft
  • Heating: Gas Forced Air Closed
  • Cooling: Yes
  • Parking: 0 space
  • Property Taxes: $0/yr
  • Neighbourhood: York University Heights
  • Postal Code: M3J 2P4

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