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.
Freestanding industrial building of approximately 12,750 SF situated on a 4.512-acre site in a prime Scarborough location. Property offers approximately 3.5 acres of excess land, presenting a rare opportunity for outside storage (permitted with conditions) or future development. Zoned E.03 (Employment), allowing for a wide range of industrial and employment uses. The property is improved with a well-maintained industrial facility featuring second-floor reception and executive offices, four 25' x 50' service/repair bays with electric overhead doors, including a truck lift, service pit, and dedicated wash bay with in-floor trench drain. Significant recent capital improvements include a new flat roof and membrane installed in November 2024 and a new rooftop HVAC heating and air conditioning system installed in 2025. The building features natural gas-powered heating and hot water, as well as a 1-inch waterline servicing the greenhouse and auxiliary steel building. Excellent access to Highways 401 and 407 and within walking distance to TTC transit. Ideal opportunity for an owner-occupier seeking a functional service facility or a developer looking to capitalize on a strategically located asset with significant upside potential.
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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$70,924/mo
Mortgage (principal + interest)$63,578
Property taxFrom listing: $88,157/yr$7,346
Minimum 20% ($3,399,000 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$3,399,000
Ontario land transfer taxProvincial brackets, no first-time refund$411,350
Toronto land transfer taxMunicipal brackets, no first-time refund$1,013,098
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$4,826,248
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.
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