50 Weybright Court 30, Toronto, ON M1S 5A8
Toronto, ON M1S 5A8
About this property
Rare opportunity to acquire an industrial condominium unit together with an established laboratory business, laboratory equipment, and a range of specialized regulatory licenses and permits. The business operation includes laboratory equipment and regulatory approvals associated with pharmaceutical, cosmetic, natural health product, controlled substance, cannabis analytical testing, cannabis research, and related laboratory services. Regulatory licenses/permits include: Health Canada DEL (Drug Establishment License) covering pharmaceutical, cosmetic and Natural Health Products; CDS License (Controlled Drug Substance License) with an approved list of substances; Cannabis Analytical Testing License; and Cannabis Research License. The operation also includes an Alcohol Users License for the use of alcohol as a solvent. The purchaser must satisfy all applicable regulatory requirements and must be capable of transferring or obtaining the required licenses and permits under the purchaser's own name or through a qualified individual, including a person meeting the required Chemist/qualified personnel requirements, as applicable. Sale is subject to the purchaser's satisfactory due diligence, confirmation of eligibility, and approval/transfer of all applicable licenses and permits by the relevant regulatory authorities. Purchaser and purchaser's advisors are responsible for independently verifying all licenses, permits, regulatory requirements, equipment, business operations, and permitted uses prior to completing the transaction. Business, laboratory equipment, licenses and permits are being offered together with the industrial condominium unit, subject to mutually agreed terms and applicable regulatory approvals.
Property facts & features
- Property type
- Industrial
- MLS® number
- E13871580
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- 2
- Reported interior area
- 1450
- Neighbourhood
- Not provided
- Postal code
- M1S 5A8
- Garage
- Outside/Surface
- Lot depth (source units)
- 0
- Annual property tax
- 3130.7
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $2,993,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Toronto →Listing brokerage: RE/MAX ACE REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® E13871580. Information deemed reliable but not guaranteed.