55 Gervais Drive, Toronto, ON M3C 1Z2
Banbury-Don Mills · C13 · M3C 1Z2
$9,495,000
$463 / sq ft13 months on market
- Total area
- 20,510 sf
- Lot
- 118.85 × 0 ft
What's special
- Outside/surface garage
- Yes
About this property
**User/Investor Opportunity**. 100% A/C industrial/office building on 1.05 acres. Area of 8,910 SF now available (all W/H with W/R's and 12' W x 12'10" H (electric) Drive-in door. The leased unit of 11,600 SF unit has +/-11,300 SF finished with double man door (lease contains a landlord termination right) - Do Not go direct. Site has 40+ parking spaces. New paving and drains in June 2025. Roof and rooftop HVAC were replaced in fall 2019. Quick access from DVP via Eglinton Avenue & Wynford Drive. Short walk to Eglinton Crosstown LRT (two stations) and the Don Valley Station transit hub. MO zoning: (place of worship, certain schools, service shops and others), see links attached.
Property details
Property
- Property type
- industrial
- Interior size
- 20,510 sq ft
- Zoning
- MO
- Possession
- TBA
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $9,495,000
- Property taxes
- $51,367 / year (2024)
- Price per sq ft
- $463
Listing
- MLS® number
- C12413294
- Status
- For sale
- Listed
- September 18, 2025
- Days on market
- 412
- Last updated
- June 9, 2026
- Listing brokerage
- LENNARD COMMERCIAL REALTY
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 84% of comparable industrial listings in Toronto are asking less.
- This home
- $463 / sq ft
- Comparable median
- $469 / sq ft
Based on 96 comparable active industrial listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $41,999.59
- Property tax (est.)
- $4,280.58
- Estimated monthly
- $46,280
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $223,850
- Toronto municipal
- $388,700
- Total due on closing
- $612,550
An estimate on the asking price of $9,495,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of LENNARD COMMERCIAL REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
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