Property Description

A rare opportunity is now available in the heart of South Riverdale, one of Toronto’s most dynamic and growing neighborhoods. Tucked just off the main street, 30R First Avenue is a unique property offering three separate storage/warehouse/garage units that are well-suited for a wide range of uses. Whether you’re an entrepreneur looking for operational space, an investor seeking income, or a developer exploring residential infill, this property is worth a closer look.

Property Overview

This rear-laneway property is located behind the main strip and offers a practical and secure setup with three distinct units. Each one is self-contained, recently painted, and configured for light industrial, storage, workshop, or commercial use.

• Three individual units

• Recently refreshed interior spaces

• Private laneway access for easy loading and deliveries

Functional Features

Each of the three units comes with:

• Individual hydro meters

• Washroom rough-ins are already in place

• Solid concrete block construction for durability

• Good ceiling heights and open layouts

One unit includes a walk-in fridge, which makes this property especially appealing to restaurant owners, caterers, or food-based businesses that need refrigerated storage space close to downtown.

Floor Plans

Location Benefits

Located in South Riverdale, this site is surrounded by residential neighbourhoods, boutique shops, cafes, and new developments. The area has grown significantly over the past decade and continues attracting residents and businesses.

Key highlights include:

• Quick access to Queen St E, Broadview Ave, and Dundas St E

• Close to transit and main roads, including the DVP and Lakeshore

• High-demand location with rising property values and strong rental demand

Future Potential: Laneway Redevelopment

This property also offers redevelopment potential, as it is located on a laneway and in a residential area. Under Toronto’s laneway housing initiative, there may be an opportunity to convert or add density to the site with residential units, subject to city planning approvals.

This makes it appealing for long-term investors or developers who want to explore new housing options in a city with limited low-rise inventory.

Who This Property Suits

This is a flexible and rare offering that could be ideal for:

• Small business owners in trades, logistics, or service-based industries

• Restaurant operators in need of additional cold storage

• Creative professionals looking for private workspaces

• Investors seeking a low-maintenance income-producing asset

• Builders and developers targeting the laneway housing potential

Permitted Uses

Please click the following link to get a complete list of Permitted uses at the property.

City of Toronto Zoning By-law 569-2013, Chapter 10.10

Book a Private Tour

With limited products like this in the downtown core, this is a unique opportunity to secure a versatile property with solid fundamentals and a compelling future upside.

To schedule a tour or get more information, reach out to:

Addy Saeed
Real Estate Broker | RE/MAX Gold Realty Inc.
Call/Text: 647-370-9470
Office: 877-439-2339
Book an Appointment: www.addysaeed.com

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