346-348 RYDING AVENUE, Toronto (Junction Area)

$6,599,000

For sale: Other

Other at 346-348 RYDING AVENUE, Toronto (Junction Area)
Property type
Industrial
MLS®
MLS® W13536298
Neighbourhood
Junction Area

Prime Toronto Investment Opportunity in the Heart of the Junction! Opportunities like this are becoming increasingly rare. Secure a premier income-producing commercial property in one of Toronto's fastest-growing and most sought-after investment corridors-the vibrant Junction/Stockyards district.This exceptional asset is fully leased with a diverse mix of established tenants spanning office, professional, retail, service, and storage uses, providing immediate, reliable cash flow from day one. Offering strong gross rental income and an attractive return exceeding 4%, this is an investment designed to perform today while positioning you for substantial future appreciation.The upgraded building features expansive, open-concept spaces that easily accommodate a variety of commercial uses, along with two freight doors for efficient shipping, receiving, and logistics operations. Outstanding connectivity to Toronto's major highways makes this an ideal location for businesses requiring exceptional accessibility.Beyond its current income, this property offers tremendous long-term potential. Situated on a generously sized lot in an area experiencing unprecedented growth, it presents exciting opportunities for future expansion, redevelopment, or value enhancement as the neighbourhood continues to evolve. Surrounded by major retail destinations, including The Stockyards shopping district and national big-box retailers, the property is perfectly positioned to benefit from the area's ongoing revitalization, new developments, infrastructure investments, and increasing demand for commercial space.Whether you're looking to strengthen your investment portfolio with a stable, income-generating asset or secure a strategic property with outstanding future upside, this is an opportunity that deserves your attention.Complete financial statements, lease information, TMI details, and additional documentation are available through the listing agent.

Sold data

Other homes in Toronto (Junction Area) — recent sold market

Other homes in Toronto (Junction Area) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, 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 102 days.

The median sale price was $59,000.

Homes sold for about 9.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

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

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Junction Area)

Toronto (Junction Area) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Junction Area)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 346-348 RYDING AVENUE