$4,499,000
FOR SALE

Investment

Lot: 20.18 x 411.89 ft
2025 Taxes: $16,924.53

49 Cranfield Rd
Toronto, ON M4B 3H3 | O'Connor-Parkview

Rare 1.33 acre (57,813 SF) infill Employment Industrial land in O'Connor-Parkview. $4,499,000 priced at 5.38% going-in cap on projected stabilized NOI of $242,087 from two industrial outdoor storage (IOS) tenancies anchored by Atlas Polar Co. Ltd. (occupancy since 2021; term to June 30, 2027). Zoning E 1.0 (x229) permits IOS. Embedded value-add: Vendor commissioned architectural drawings (A& Associates, 2019-2020) for an 83,233 SF, 872-unit, 5-storey self-storage facility, plus draft amending by-law (Tribunal File PL171477, without prejudice). Also a strong industrial condo candidate evidenced by adjacent 45 Cranfield precedent.
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Listed By ROYAL LEPAGE SIGNATURE REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E13164052
Last Updated May 22, 2026
Property Summary
Property Type Investment

More like this:
PIN 103750311
Legal Description PART OF BLOCK D, PLAN 3683 EAST YORK, DESIGNATED AS PARTS 4, 5 & 6 PLAN 66R-19367 ; S/T IN FAVOUR OF PT BLK B PL3281 & PT BLK D PL3683, PT 1 64R9635 OVER PT 2 66R-18914 AS IN EY85557, EAST YORK, CITY OF TORONTO. , CITY OF TORONTO
Possession Date Flexible
Taxes (2025) $16,924.53
Directions/Cross Streets Cranfield Rd & Northline Rd
Neighbourhood O'Connor-Parkview
Area Toronto
Price History

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Detailed Information
Lot 20.18 x 411.89 ft
Air Conditioning No
Garage Type Outside/Surface
Heat Type Gas Forced Air Closed
Sewers None

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