75 INDUSTRIAL ROAD, New Tecumseth (Tottenham)

$3,850,000

For sale: Other

Other at 75 INDUSTRIAL ROAD, New Tecumseth (Tottenham)
Property type
Industrial
Bedrooms / bathrooms
10 bathrooms
MLS®
MLS® N13788618
Neighbourhood
Tottenham

Rare opportunity to acquire a substantially modernized commercial/industrial property with approximately $1 million invested in capital improvements over the past two years. The extensive investment includes a new approximately 4,000 sq. ft. two-storey building addition, major mechanical and electrical upgrades, comprehensive interior renovations, enhanced security and technology infrastructure, and significant site improvements. The newly constructed addition features a dedicated 6-ton HVAC system, separate electrical transformer and modernized building services. The existing facility has been extensively upgraded with new staff amenities and washrooms, including a universal/accessibility washroom, 2.5-ton HVAC for the mezzanine office and 12.5-ton HVAC serving the warehouse. Professionally ground and levelled floors, new LED lighting throughout and roof sealing/spray treatment further enhance the building. Additional improvements include eight new 3-piece washrooms, two with heated flooring, full building networking, operational Starlink internet, DVR security and surveillance, cellular communication infrastructure, a fully paved lot, secure gated perimeter and completed landscaping. Adding further value, an approved building permit for approximately 2,000 sq. ft. of additional warehouse expansion provides future growth potential. This impressive combination of new construction, upgraded infrastructure, modern amenities, enhanced security and substantial recent capital investment offers a turnkey environment designed to support sophisticated commercial and industrial operations.

Sold data

Homes in Tottenham — recent sold market

Homes in Tottenham took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 61, across 37 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.

The median sale price was $799,990.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$799,990
Sale-to-list ratio
96.4%
Sold above asking
14%

Based on 37 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 75 INDUSTRIAL ROAD