$5,999,000
Toronto
1020 Dupont Street, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H1Z6
This industrial property in Toronto is for sale offering roughly 17,437 sq ft of space.
1020 Dupont Street, Toronto - Employment Industrial | $5,999,000Rare opportunity to acquire a landmark Toronto employment site with compelling intensification potential. This 17,438 sq ft lot commands 132 feet of prime Dupont Street frontage in one of the city's most rapidly evolving corridors - offering a development runway Zoned Employment Industrial E2.0 (x262), the site currently operates at a Floor Space Index of 0.75 against a permitted 2.0 FSI - representing substantial unutilized density. A large paved surface parking area to the east of the existing building provides an immediately actionable expansion pad, with no demolition required to begin planning. The existing improvements include a two-storey, 13,070 sq ft character industrial building with exposed brick and a lower level featuring full ceiling height and concrete ramp access. entitlements or repositioning strategies are advanced. The surrounding context tells the story of where this node is heading. The Galleria Mall redevelopment to the west is delivering significant residential density and commercial programming. An approved 17-storey purpose-built rental project sits immediately to the east. The Geary Avenue creative corridor runs directly behind the site, now home to studios, food production facilities, restaurants, and professional office tenants. Intensification pressure across this stretch of Dupont is accelerating. At $5,999,000 - approximately $425/sq ft on existing GFA - this asset is priced in line with market comparables while reflecting meaningful land upside. A site of this scale, frontage, and locational quality, with available FSI and no immediate capital obligations, represents the kind of patient-capital play that rarely surfaces in established Toronto employment nodes. Sold by the Court-Appointed Receiver. All offers subject to court approval. Property sold in "as-is, where-is" condition. No representations or warranties. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 129 days on market, against an average age of 56 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This industrial in Toronto (Dovercourt-Wallace Emerson-Junction) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $5,999,000, about 72.3× the local median household income of $83,000.
Carrying it typically needs a household income of about $1,171,815 (20% down, 25-yr amortization, stress-tested) — roughly 1312% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6H)
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