575 Thornton Road S

$15,000,000

Highly Functional 21,000 SF Industrial Facility with Redevelopment Potential

43.8785651, -78.8868269

Main Intersection

Stellar Drive & Thornton Road S

Location

Durham Region, Oshawa

Address

575 Thornton Road S
Oshawa ON L1J 6W6
Canada

Broker Flyer

Overall Building Size

21,000 SF

Office Area

4,220 SF

Zoning

GI - General Industrial

Lot Area

4.26 acres (185,565 SF)

Clear Height

16'

Shipping

1 TL & 1 DI

MLS Number(s)

E6021341

Property Highlights

Existing Industrial Site Permitting Outside Storage
Highly functional industrial facility positioned on 4.26 acres of land permitting outdoor storage, desirable land use in short supply
Adjacent to Future Metrolinx Go Station
The site is positioned in the immediate proximity to the future Thornton’s Corner Go Station, one of four new stations forming the Clarington East Go Line and providing connectivity to Downtown Toronto
Future High Rise Density Potential With a push from provincial and municipal authorities to densify transit hubs, the Site benefits from a substantial value-add opportunity through land use repositioning

Details

Positive Cash Flow Potential Opportunity to achieve positive cash flow in the short term through lease-up at market rates
In addition to Thornton’s Corner Go Station, the site is surrounded by an abundance of amenities such as Smart Centres to the immediate east and Oshawa Mall, Trent University and Civic Recreational Complex in walkable distance to the north
Significant Development in GTA East Significant development is occurring in the GTA East in a variety of asset classes with an emphasis on residential and employment lands

Total Taxes

$43,942.61 / 2022 / Annual