49 Underwriters Road, Toronto, ON M1R 3B4
Wexford-Maryvale · E04 · M1R 3B4
$7,950,000
$298 / sq ft2 months on market
- Total area
- 26,712 sf
- Lot
- 113.79 × 382.81 ft
What's special
- Outside/surface garage
About this property
49 Underwriters Road offers a rare opportunity to acquire a 26,712 SF freestanding industrial facility in one of Scarborough's most established employment districts. Benefiting from EH 1.0 zoning, dual electrical service, versatile shipping capabilities, and immediate access to Highway 401 and the DVP, the property is well suited for a wide range of industrial, warehousing, manufacturing, and distribution users. Ideal for owner-users requiring near-term possession. Walk-in coolers available, providing convenient on-site cold storage capabilities. Ability to add a Truck Level Door.
Property details
Property
- Property type
- industrial
- Interior size
- 26,712 sq ft
- Lot size
- 113.79 × 382.81 ft
- Zoning
- EH1
- Possession
- Immediate
Interior
- Heating
- Gas Forced Air Open
- Cooling
- No
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $7,950,000
- Property taxes
- $52,268 / year (2025)
- Price per sq ft
- $298
Listing
- MLS® number
- E13715280
- Status
- For sale
- Listed
- August 26, 2026
- Days on market
- 71
- Last updated
- November 4, 2026
- Listing brokerage
- CBRE LIMITED
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 81% of comparable industrial listings in Toronto are asking less.
- This home
- $298 / 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
- $35,165.53
- Property tax (est.)
- $4,355.64
- Estimated monthly
- $39,521
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
- $185,225
- Toronto municipal
- $303,725
- Total due on closing
- $488,950
An estimate on the asking price of $7,950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CBRE LIMITED. 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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