1 Towns Road N, Toronto, ON M8Z 1A1
New Toronto · W06 · M8Z 1A1
$3,420,000
$552 / sq ft4 months on market
- Bathrooms
- 6
- Total area
- 6,194.4 sf
- Lot
- 100 × 158.71 ft
- Age
- 51-99 years
What's special
- Partial
About this property
Five long term tenants, no leases. Phase 1 and 2 Environmental Assessment completed and available - no further investigations required. Property owned by same family for 50 years. ( Second floor office space currently vacant four offices and atrium.) Unit 1A- 2 offices & reception area, Unit 1B- 3 offices & reception area, Unit 1C- 3 bays & 2 overhead doors, Unit 1D- 2 bays, 2 overhead doors & 1office, Unit 2- 4offices and large open reception area. Two are automotive repair, three office businesses only. Floor plan and existing survey. Twenty parking spaces on property.
Property details
Property
- Property type
- industrial
- Bathrooms
- 6
- Interior size
- 6,194.4 sq ft
- Year built
- 51-99
- Lot size
- 100 × 158.71 ft
- Zoning
- E1
- Possession
- 60-90/ TBA
Interior
- Heating
- Baseboard
- Cooling
- Partial
Exterior & services
- Sewer
- Sanitary+Storm
Costs
- List price
- $3,420,000
- Property taxes
- $16,648 / year (2026)
- Price per sq ft
- $552
Listing
- MLS® number
- W13533228
- Status
- For sale
- Listed
- July 7, 2026
- Days on market
- 121
- Last updated
- October 17, 2026
- Listing brokerage
- ROYAL LEPAGE PORRITT REAL ESTATE
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 in line with comparable listings — about 61% of comparable industrial listings in Toronto are asking less.
- This home
- $552 / 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
- $15,127.81
- Property tax (est.)
- $1,387.33
- Estimated monthly
- $16,515
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
- $71,975
- Toronto municipal
- $76,175
- Total due on closing
- $148,150
An estimate on the asking price of $3,420,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE PORRITT REAL ESTATE. 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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