32 Industrial Drive
Asphodel-Norwood, ON
12,856 sqft • Industrial • 126 days on market
Industrial/Manufacturing/Warehousing/Shop/Research (M1 zoning) opportunity in Norwood, located at 32 Industrial Drive. The property offers the potential of 7,800 square feet, with approximately 6,800 sq ft of industrial space on the main level, and currently includes approximately 1,000 sq ft with 16-foot clear ceilings. It is possible to achieve up to approximately 6,800 sq ft of industrial space with full 16-foot clear height through removal of the existing mezzanine. Office space (8 offices-2 on the upper level and 6 on the lower level) occupies approximately 1,100 sq ft across two floors, along with 3 washrooms and a lunchroom. The current mezzanine, constructed in 2009/2010, is exceptionally well built to stringent municipal specifications, offering approximately 5,800 sq ft of additional usable space. Ceiling height from the main floor to the mezzanine is approximately 8'6", and additionally 6'10" from the mezzanine to the roof. Situated on just over 9 acres, a portion is environmentally protected, with remaining usable land suitable for parking or limited outdoor storage. The building is serviced by 600-amp, three-phase power, supporting a wide range of applications. Features include multiple loading points, including a raised dock-level door and a grade-level door with ramp access. Strong connectivity with quick access to Highway 7 and Highway 115, providing efficient routes to both the 401 and 407 corridors.
Listing Details
- Taxes (2025)
- $7,640
- Listed
- April 24, 2026
Price History
Property
- Lot Size
- 834.6 x 399.25 Feet
Utilities
- Sewer
- Septic
Location & Legal
- Cross Street
- County road 45
- Zoning
- M1 & EP
- Parcel Number
- 282120280
- Possession
- Flexible
Commercial
- Business Type
- Factory/Manufacturing
- Occupancy
- Owner
- Office / Apartment Area
- 1599 Sq Ft
Included
- Exclusions
- Forklift and Implements
- Rental Items
- None
Community
Postal area K0L
- Population
- 78,142
- Private dwellings
- 48,786
- Median age
- 54
- Average household size
- 2.3
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Asphodel-Norwood · last 12 months
- Median sold price
- $552,500
- Homes sold
- 54
- Median days on market
- 46
- Sale-to-list price
- 96.8%
Based on 54 recorded sales of commercial properties in Asphodel-Norwood over the last 12 months.
Listed by
Century 21 United Realty Inc.
Location
Commercial figures
- Building area
- 12,856 sq ft
- Price per sq ft
- $81.67
- Annual property tax
- $7,640
- Tax per sq ft
- $0.59
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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