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573 Alness Street
York University Heights Toronto M3J 2T8

$27,300,000 /For Sale
Commercial

Main Photo: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 1: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 2: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 3: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 4: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 5: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 6: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 7: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 8: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 9: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 10: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 11: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 12: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 13: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 14: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 15: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 16: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 17: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 18: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 19: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 20: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 21: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Photo 22: 573 Alness Street in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12550698
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12550698
573 Alness offers 101,909 sf of multi-unit space on two levels. The 52,248 sf upper level was previously utilized as a customer-facing furniture showroom and is ideal for a single occupier or, it can be demised to two units. The 49,661 sf lower level was designed as a 10-unit multi-tenant layout with units of approximately 5,000 sf. Each of the lower-level units have entrances along Alness, offering excellent exposure for branding. The upper level is serviced by 6 TL doors and each of the 10 units on the lower level are serviced by 1TL door. There are two tenants in the building occupying a single and double unit on the lower level. The property is 85% vacant, including the entire upper level. This is a great building for showroom-type uses. Just minutes from an abundance of retail amenities and offering great exposure on high-traffic Alness Street, this is an excellent Occupier or Investor building. The property has some environmental contamination on site and the Vendor is in the process of conducting a risk assessment. The vendor will deliver the property as a risk assessed site, and if required, can assist the buyer with application for record of site condition.
Property Type:
Commercial
Property Sub Type:
Industrial
Freestanding:
Yes
Approx. Age:
31-50
Total Area:
101909 sq. ft. Square Feet
Total Area:
2.34 acre(s)
Industrial Area:
95 sq. ft. %
Office/Apt Area:
5 sq. ft. %
Lot Depth:
290'6⅛"
Lot Frontage:
455'
Water supply:
Municipal
Zoning:
Industrial
Heating type:
Gas Forced Air Closed
Clear Height:
15'1"
Garage:
Outside/Surface
Possession Details:
On Closing or Sooner
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$194,883.76 / 2025
Assessment:
$- / -
Toronto
Toronto W05
York University Heights
Major Highway, Public Transit
Yes
None
No
Amperage:
1600
Volts:
600
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Free Standing
Number of Double Man Shipping Doors:
0
Number of Drive-In Level Shipping Doors:
0
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
16
Date Listed:
Nov 17, 2025
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Listed by CUSHMAN & WAKEFIELD
Data was last updated November 30, 2025 at 01:15 PM (UTC)
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