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49 Cranfield Road Toronto, Ontario M4B 3H3

622294 sqft
None Forced Air Acreage

$4,499,000

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. (id:60365)

Property Details

MLS® Number E13164052
Property Type Industrial
Community Name O'Connor-Parkview
AmenitiesNearBy Highway, Public Transit

Building

CoolingType None
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 622294 Sqft

Land

Acreage Yes
LandAmenities Highway, Public Transit
SizeDepth 411 Ft ,10 In
SizeFrontage 20 Ft ,2 In
SizeIrregular 1.33
SizeTotal 1.33 Ac
SizeTotalText 1.33 Ac
ZoningDescription E 1.0 (x229) Employment Industrial

https://www.realtor.ca/real-estate/29793610/49-cranfield-road-toronto-oconnor-parkview-oconnor-parkview

William Kenneth Irons
Salesperson

Royal LePage Signature Realty
8 Sampson Mews Suite 201 The Shops At Don Mills
Toronto, Ontario M3C 0H5

Simon Harminc
Salesperson

Royal LePage Signature Realty
8 Sampson Mews Suite 201 The Shops At Don Mills
Toronto, Ontario M3C 0H5

Iliyan Rashid
Salesperson

Royal LePage Signature Realty
8 Sampson Mews Suite 201 The Shops At Don Mills
Toronto, Ontario M3C 0H5

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May 26 2026 01:34:58

Toronto Real Estate Board

Royal LePage Signature Realty

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