The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional Commercial Opportunity - 23 Lesmill Road, Toronto (St. Andrew-Windfields) is Strategically situated in the prestigious St. Andrew-Windfields neighbourhood of North Toronto. 23 Lesmill Road presents a rare opportunity to acquire an established executive office asset in an area defined by accessibility, visibility, and professional appeal. This attractive commercial condominium has prime SECOND-floor presence within a distinguished low-rise building offering multiple separate units - perfect for owner-occupiers, investor-owners, or professional firms seeking a high-profile address. Comprising almost all the second floor this space is comprised of 11 contiguous units totalling approximately 17,000 square feet. It has excellent access to major transportation routes and public transit, including TTC service at the doorstep and is also exceptionally well-connected to the broader GreaterToronto Area via major highways, arterial roads, and transit options. Zoned and also designed to suit a wide range of professional uses - from legal, financial services, insurance, consulting, and/or corporate headquarter functions - the building's layout supports flexible space planning and potential future expansion or reconfiguration. A standout feature of this offering is the abundance of parking, with EIGHT (8) OWNED /DEDICATED SPACES AND numerous other unreserved underground spaces (first come first served basis) complemented by surface stalls - a highly valued amenity in urban office markets. Whether you are establishing a new office base in one of Toronto's most desirable districts or expanding an existing professional presence, 23 Lesmill Road delivers a compelling combination of location, function, and upside potential. N.B. (ALL REFERENCES TO TOTAL SPACE ARE ESTIMATIONS. THE NUMBERS WERE GLEANED FROM EXTERNAL SOURCES THAT ARE DEEMED TO BE REASONABLY RELIABLE & ACCURATE HOWEVER NO WARRANTY OR REPRESENTATION IS GIVEN OR IMPLIED. BUYERS / BUYER'S AGEN TO VERIFY
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Age Groups
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Owners vs Renters
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Household Type
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$41,185/mo
Mortgage (principal + interest)$35,539
Property taxFrom listing: $67,749/yr$5,646
Minimum 20% ($1,900,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$1,900,000
Ontario land transfer taxProvincial brackets, no first-time refund$223,975
Toronto land transfer taxMunicipal brackets, no first-time refund$452,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$2,579,250
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
