Skip to content
1 / 23
For saleMLS® W13682362

586 Browns Line, Toronto, ON M8W 3V5

Alderwood · W06 · M8W 3V5

$1,089,000

$988 / sq ft

2 months on market

Total area
1,102 sf
Lot
56.48 × 125.17 ft

What's special

  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

Prime Corner Lot Opportunity in the Heart of Alderwood. Situated at the prominent intersection of Browns Line and Mitcham Drive, this well-maintained bungalow offers a unique footprint in one of Toronto's high-growth neighborhoods. Having served as a staple of the community for over 25 years as a professional office, this property presents a versatile foundation for its next chapter as a custom residential renovation, a convenient live-work environment, or a potential redevelopment site. Substantial Interior Footprint: The property features approximately 2,100 square feet of total finished space across two functional levels. Main Floor (1,102 Sq Ft): Includes a bright, spacious front reception/living area, four generously sized rooms, a central utility/media room, and a washroom. Lower Level (1,000 Sq Ft): A fully renovated basement featuring a large boardroom/recreation room, an additional private room, a kitchenette, and a 3-piece bathroom. Flexible Utility: The lower level is further enhanced by an expansive, highly versatile area currently utilized for large-scale storage and administrative needs, offering immense potential for various home or hobby configurations. Site & Strategic Location: Exceptional Land Area: A significant 4,198 square foot corner lot providing excellent presence and accessibility. Parking & Access: Includes 4 dedicated surface parking spaces on-site. Regional Connectivity: Unparalleled access to the QEW, Highway 427, and the Gardiner Expressway. Minutes from CF Sherway Gardens, local schools, and a host of essential retail amenities. Property will be delivered vacant upon possession.

Property details

Property

Property type
retail
Interior size
1,102 sq ft
Lot size
56.48 × 125.17 ft
Zoning
RD(f13.5;a510;d0.45)
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Other

Costs

List price
$1,089,000
Property taxes
$4,193 / year (2025)
Price per sq ft
$988

Listing

MLS® number
W13682362
Status
For sale
Listed
August 17, 2026
Days on market
80
Last updated
October 28, 2026
Listing brokerage
RE/MAX PROFESSIONALS INC.

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

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 30% of comparable retail listings in Toronto are asking less.

$379KMedian $1.40M$3.90M
This home
$988 / sq ft
Comparable median
$665 / sq ft

Based on 96 comparable active retail listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.7% · minimum $83,900
$83,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$5,557.37
Property tax (est.)
$349.42
Estimated monthly
$5,907

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
$18,255
Toronto municipal
$18,255
Total due on closing
$36,510

An estimate on the asking price of $1,089,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX PROFESSIONALS INC.. 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.

$1,089,000

Contact Book a viewing

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.

Unlock nearby sold prices

Free. Takes about twenty seconds.

Similar properties nearby