Photo of 102 Gough AvenueJust Listed
$1,649,900
102 Gough Avenue
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.
| MLS® Number | E13164064 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Land |
| Interior Size | 1 sq ft |
| Lot Size | 1 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| City | Danforth / East York |
| Postal Code | M4B 3H3 |
| Province | ON |
| Listed Date | May 22, 2026 |
| Days on Market | 9 |
| Price per Sq Ft | $4,499,000 |
| Brokerage | ROYAL LEPAGE SIGNATURE REALTY |
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