X
Toronto, ON
550-562 McNicoll Ave
Profile
Multi-tenant small-bay industrial asset
Area
2.43 Acres
Strategy
The Property’s functional layout and low in-place rents provided strategic optionality for value-add, by either increasing rents to market or converting to condo for the sale to end users. Shortly after closing the transaction, FAX sold 100% of the Property to a user for a significant return.
https://www.google.com/maps/place/562+McNicoll+Ave+%23550,+Toronto,+ON+M2H+2C9/@43.8043061,-79.3418211,17z/data=!3m1!4b1!4m5!3m4!1s0x89d4d30b0dca55ed:0xb363282b06a265d6!8m2!3d43.8043061!4d-79.3392408?entry=ttu