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31 & 32 - 501 PASSMORE AVENUE, Toronto, Ontario, M1V 5G4

MLS® # E9030059
Commercial For Sale In Armdale, Toronto, Ontario
$1,499,880
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
31 & 32 - 501 Passmore Avenue, Toronto, ON
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31 & 32 - 501 PASSMORE AVENUE, Toronto, Ontario, M1V 5G4
$1,499,880

Property Information:

Professionally Managed And Well Maintained Industrial Complex. Both Units 31 and 32, Have Bright Open Exposure To Passmore. Great for a Variety of Uses! Owner Has Kept This Commercial Property In Great Condition. Total Square Footage Is 3690 Sqft With An Additional 415 Sqft (Est.) Caged In Mezzanine For More Storage. Ultra Clean And Functionable With 1 Driving In Door With 3 Lots For Parking. Close To Major Roads And Highways, A Must See. Hydro, Gas And Water Are Separately Metered. **** EXTRAS **** Majority of the property is currently tenanted until November 30th, 2024. Rest of the property is kept for Landlords own use. Seller & Listing Agent Do Not Warrant Retrofit Status Of The Mezzanine. (id:27)

Building Features:

  • Style: Industrial
  • Air Conditioning: Yes
  • Heating Type: Radiant heat
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Industrial
  • Zoning: Industrial

Courtesy of: CULTURELINK REALTY INC.

REALTOR.ca  

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Market Price Trends

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Location of 31 & 32 - 501 PASSMORE AVENUE, Toronto, Ontario, M1V 5G4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: High

30 hot days expected in 2050

46/100

High

ClimateCheck®

Current data

This property, 31 & 32 - 501 PASSMORE AVENUE , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

56/100

High

ClimateCheck®

Current data

This property, 31 & 32 - 501 PASSMORE AVENUE , experiences 11 significant 2-day storms per year, with about 301.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 373.2mm of precipitation per year.

Precipitation Per Storm

Past
301.5mm
2050
373.2mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 31 & 32 - 501 PASSMORE AVENUE, Toronto, Ontario, M1V 5G4

Life Stage

Older Families

Employment Type

Service Sector/White Collar

Average Household Income

$127,246.93

Average Number of Children

1.85

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.56 %

High school certificate or equivalent

31.58 %

Apprenticeship trade certificate/diploma

3.28 %

College/non-university certificate

25.06 %

University certificate (below bachelor)

1.19 %

University Degree

18.33 %

Commuter

Travel To Work

By Car

86.11 %

By Public Transit

9.57 %

By Walking

2.03 %

By Bicycle

0.0 %

By Other Methods

2.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent

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