1200 Tapscott Road, Toronto, ON M1X 1M5
Rouge · E11 · M1X 1M5
$14,900,000
$357 / sq ft3 months on market
- Bathrooms
- 6
- Total area
- 41,679 sf
- Lot
- 359.6 × 218.43 ft
- Age
- 31-50 years
What's special
- Partial
About this property
A great opportunity to acquire a premium, high-visibility industrial asset situated on a prominent 2-acre corner lot in a highly sought-after Scarborough employment hub. This property is being offered for the first time in years. 41,679 square feet of brick construction, this quality building offers a Buyer flexibility for their business use. 10,263 square feet is leased to a tenant while the remainder can be available for an end-user. The ceiling height is 18' clear, numerous truck level doors and drive-in doors provide for easy shipping. The property is well located between the 407 & 401. The roof was replaced in 2023 for $580,000 thereby minimizing near-term CAPEX. There is an existing cell tower lease providing passive revenue. Phase 3, 600 Volt, 600 Amp 4 Wire Electrical is available. A current Phase I & II and other property information are available to interested parties upon signing a confidentiality agreement.
Property details
Property
- Property type
- industrial
- Bathrooms
- 6
- Interior size
- 41,679 sq ft
- Year built
- 31-50
- Lot size
- 359.6 × 218.43 ft
- Zoning
- E0.7
- Possession
- Flexible
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Partial
Exterior & services
- Sewer
- Sanitary+Storm
Costs
- List price
- $14,900,000
- Property taxes
- $74,557 / year (2025)
- Price per sq ft
- $357
Listing
- MLS® number
- E13594820
- Status
- For sale
- Listed
- July 22, 2026
- Days on market
- 105
- Last updated
- July 24, 2026
- Listing brokerage
- Royal Lepage Proalliance Realty
Price & sale history
This property's sale history is hidden
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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 78% of comparable industrial listings in Rouge are asking less.
- This home
- $357 / sq ft
- Comparable median
- $478 / sq ft
Based on 9 comparable active industrial listings in Rouge. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $65,907.73
- Property tax (est.)
- $6,213.08
- Estimated monthly
- $72,121
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
- $358,975
- Toronto municipal
- $734,975
- Total due on closing
- $1,093,950
An estimate on the asking price of $14,900,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Royal Lepage Proalliance 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
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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