all, Scarborough Commercial Real Estate 0 Listings

All, Scarborough: A Premier Destination for Commercial Real Estate

Introduction

Scarborough, a vibrant city with a burgeoning commercial real estate (CRE) market, offers a unique appeal for investors and developers. Known for its strategic location within the Greater Toronto Area, Scarborough is a significant hub for various industries, including technology, healthcare, and manufacturing. Its diverse economy and robust infrastructure make it a prime location for commercial real estate ventures.

Economic and Industry Overview

Scarborough's economic landscape is driven by several key industries:

Technology: The city hosts numerous tech companies, contributing to the demand for modern office spaces.
Healthcare: With major healthcare institutions, there is a consistent need for medical offices and related facilities.
Manufacturing: Scarborough's manufacturing sector fuels demand for industrial and warehouse spaces.

The Toronto Economic Development & Culture Division actively supports these sectors, fostering a favorable environment for CRE growth.

Strategic Location and Transportation Infrastructure

Scarborough benefits from an extensive transportation network:

Highways: Access to major highways like Highway 401 enhances connectivity.
Public Transit: The Toronto Transit Commission (TTC) provides comprehensive bus and subway services.
Airports: Proximity to Toronto Pearson International Airport facilitates international business operations.
Rail Lines: The city is served by GO Transit and VIA Rail, providing efficient commuter and freight services.

The City of Toronto Transportation Services offers detailed information on infrastructure and logistics advantages.

Commercial Real Estate Inventory & Zoning

Scarborough's CRE market is diverse, with several submarkets:

Central Business District (CBD): A hub for office and retail spaces.
Industrial Corridors: Concentrated in areas like Golden Mile, ideal for manufacturing and distribution.
Innovation Districts: Home to tech startups and research facilities.

Recent zoning changes and incentives are detailed in the City of Toronto Zoning By-law.

Major Employers and Institutions

Scarborough is home to numerous influential employers and institutions:

University of Toronto Scarborough: A major educational and research hub.
Rogers Communications: Headquartered in Scarborough, driving demand for commercial space.
Scarborough Health Network: One of the largest healthcare providers, impacting medical office needs.

For a comprehensive list of employers, visit the Toronto Employment Survey.

Notable Commercial Developments & Projects

Scarborough is witnessing several large-scale developments:

Scarborough Town Centre Redevelopment: A mixed-use project enhancing retail and residential spaces.
Golden Mile Revitalization: Transforming industrial areas into vibrant commercial zones.

Planning documents and site maps can be accessed via the City of Toronto Planning Division.