Salehian.com 647-325-5000

14 Toro Road

York University Heights, Toronto, M3J 2A7

$4,300,000

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Listed 39 days ago · MLS® W13772610

About this home

Freestanding industrial investment opportunity situated on just under half an acre in the highly sought-after York University Heights area. Ideally located just off Keele Street, south of Finch Avenue, with excellent exposure and convenient access to rapid transit. The building offers clear heights ranging from approximately 12 to 18 feet and flexible zoning permitting a variety of uses, including automotive. Fully tenanted with a long-term lease, annual rent escalations and two additional five-year renewal options. Currently generating an approximate 4.6% capitalization rate. Located in a rapidly transitioning neighbourhood experiencing substantial development and a diminishing supply of industrial and office properties-providing excellent long-term upside and potential future redevelopment opportunities. The seller will complete exterior re-stuccoing and has recently completed Phase III environmental remediation at the rear of the property. An exceptional opportunity to acquire a well-located income-producing property with strong future potential.

Details

Type
Industrial
Lot
80 × 248.09 ft
Garage
None
Property tax
$32,016 (2025)
Neighbourhood
York University Heights
Municipality
Toronto W05

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Partial
Water and sewer
Sanitary
Utilities
Yes

Building and exterior

Building area
8,928 Square Feet

More

Possession
TBA
Cross street
Keele St and Finch Ave

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Finch West Subway7 min walk
  • 🚇 Sentinel LRT14 min walk
  • 🚆 Downsview Park GO18 min walk

Within a 10-minute walk: 5 grocery stores, 15 cafés and restaurants, 2 parks, 6 pharmacies. Nearest grocery: East Food Market (150 m). Nearest park: Bratty Park (700 m).

Schools nearby

Elementary

  • Derrydown Public School
    EQAO: Gr 3 reading 44%, math 24%    7 min walk
  • Stilecroft Public School
    EQAO: Gr 3 reading 68%, math 54%    17 min walk
  • St. Wilfrid Catholic School Catholic
    EQAO: Gr 6 reading 89%, math 44%    17 min walk
  • St. Jerome Catholic School Catholic
    EQAO: Gr 6 reading 80%, math 41%    1.3 km

Secondary

  • James Cardinal McGuigan Catholic High School Catholic
    EQAO: Gr 9 math 59%, literacy test 74%    8 min walk
  • C.W. Jefferys Collegiate Institute
    EQAO: Gr 9 math 24%, literacy test 65%    16 min walk
  • Elia Middle School17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M3J

Owners / renters
48% / 52%
Median household income
$75,500
Average age
39
Children under 15
13%
Homes
13% detached, 53% high-rise
Commute by transit
34%
Population
26,600

Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 4%, Vietnamese 3.2%, Spanish 3%, Italian 2.9%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in York University Heights (2025): 96% above the Toronto average, about the same from the year before.

  • Assault66% above average
  • Break and enter98% above average
  • Auto theft182% above average
  • Robbery63% above average
  • Theft from vehicles48% above average
  • Shootings46% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 9 active

  • 25 BROADOAKS DR · 450 m
    Site Plan · Under Review · applied 2026
    Proposal consists of an 8 storey purpose built rental apartment building on the vacant portion of the site, while retaining the existing two 9 storey rental…
    Application details
  • 25 BROADOAKS DR · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposal consists of an 8 storey purpose built rental apartment building on the vacant portion of the site, while retaining the existing two 9 storey rental…
    Application details
  • 44-46 ROMFIELD DR · 300 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2023
    The applicant is proposing to demolish the existing residential buildings and redevelop the site with a mixed use development consisting of a 41 storey tower…
    Application details
  • 3931 KEELE ST · 300 m
    Site Plan · Under Review · applied 2022
    Site plan amendment to convert an existing 2-storey commercial building being used as a bank (ground floor) and an office (2nd floor) into a Popeyes restaurant…
    Application details
  • 11 CATFORD RD · 300 m
    Site Plan · Under Review · applied 2022
    Site Plan Control application to permit the redevelopment of the site with two 4-storey residential townhouse blocks, a 12-storey mixed use building, and an…
    Application details
  • 30 TANGIERS RD · 250 m
    Site Plan · Under Review · applied 2022
    Site Plan Approval application to permit 5 towers(up to 15 storey) consisting of 3 towers along Finch West and two towers along a new public street connecting…
    Application details

4 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 15 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built E

Employment Industrial (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Trees

45 City street trees within 100 m. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by VERTICAL MARKETING REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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