



$699,900
Toronto
#15 328 Passmore Avenue, Toronto (Milliken), Ontario, M1V4B5
This industrial property in Toronto is for sale offering roughly 1,812 sq ft of space. It has been on the market 30 days, fresher than the Toronto average of 109 days.
Industrial Unit with Full Mezzanine | 3,200 SF Total. Excellent opportunity to own or occupy a versatile industrial unit at 15-328 Passmore Avenue, Toronto. The unit offers approximately 1,812 sq. ft. on the main floor plus a full mezzanine, providing approximately 3,200 sq. ft. of total space. The property is equipped with 12.5 tons of air conditioning, two transformers and two electrical panels, offering excellent electrical capacity and climate control for a variety of business and industrial requirements. Currently tenanted, with the tenant scheduled to vacate by the end of November, providing an excellent opportunity for an owner-user to take possession and customize the space to suit their business needs. Strategically located in Scarborough with convenient access to major transportation routes, including Highway 401 and Highway 404.A rare opportunity to acquire a well-equipped industrial unit with a full mezzanine and approximately 3,200 sq. ft. of total space. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 30 days on market, against an average age of 109 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 (Milliken) has been listed for 30 days, which is 79 days fresher than the city average of 109. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,900, about 8.5× the local median household income of $82,000.
Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1V)
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