Overview

This industrial property in Toronto is for sale offering roughly 1,453 sq ft of space. It has been on the market 49 days, fresher than the Toronto average of 56 days.

Industrial Properties for Sale in Toronto →All real estate in Toronto →

Description

Freehold industrial/commercial building on a rear lot with laneway access (via Armstrong/Emerson) in Toronto's Dovercourt-Wallace Emerson-Junction neighbourhood, inside a Major Transit Station Area (eliminates minimum parking requirements). No direct street frontage - access via laneway only. Confirmed building GFA 1,453 sf exterior / 1,288 sf interior per September 2026 professional floor plan. Lot approximately 2,950 sf. Zoned R(d0.6)(x740) with a long-standing history of commercial use and commercial tax assessment. Recent capital improvements include a replaced roof and trusses and an upgraded 100A electrical service with hydro active. Phase II Environmental Site Assessment (January 2026) came back clean with no exceedances. The neighbouring property recently completed a two-storey laneway build, demonstrating redevelopment feasibility on this laneway; multiplex and sixplex zoning frameworks apply in this ward, subject to frontage/access review by a purchaser. Vacant with flexible, quick possession. Buyer to conduct independent due diligence on all zoning, redevelopment, and servicing matters. All information deemed reliable but not guaranteed. (id:66096)

Property Details

MLS®: W13792634
Property Type: Industrial
Business Type: Industrial
Zoning: R(d0.6)(x740)
Parking: 3
Interior Size: 1,453 ft²
Lot Size: 58 × 63 ft (3,666 sq ft)
Frontage: 58 ft
Heating: No heat
Cooling: None
Property Tax: $5,144.85/yr
Listed: 49 days ago

Market Timing

Days on market

49d

Toronto (Dovercourt-Wallace Emerson-Junction) listings, avg age

56d

Price / ft²

$592

List price

$860K

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.

Haho

This industrial in Toronto (Dovercourt-Wallace Emerson-Junction) has been listed for 49 days, which is 7 days fresher than the city average of 56. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (M6H)

This home lists at $859,900, about 10.4× the local median household income of $83,000.

Carrying it typically needs a household income of about $167,969 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.

Median household income: $83,000
Population: 43,730
Median age: 38.4
Owner / renter: 49% / 52%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6H)

$859,900· $592/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

131R Millicent Street, Toronto (Dovercourt-Wallace Emerson-Junction) - Industrial for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6H)

Book a showing

Need a commercial mortgage?