49 Cranfield Road, Danforth / East York, ON M4B 3H3
$4,499,000
activeNEW
About This Property
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.
Property Details
Land
Active
E13164064
0
0
1
1 sqft
May 22, 2026
Features & Amenities
Location
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49 Cranfield Road, Danforth / East York, ON M4B 3H3
49 Cranfield Road, Danforth / East York, ON M4B 3H3
Listing Information
Listing Information
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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9