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For saleMLS® W13772610

14 Toro Road, Toronto, ON M3J 2A7

York University Heights · W05 · M3J 2A7

$4,300,000

$482 / sq ft

1 months on market

Total area
8,928 sf
Lot
80 × 248.09 ft

What's special

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About this property

Freestanding industrial investment opportunity situated on just under half an acre in the highly sought-after York University Heights area. Ideally located just off Keele Street, south of Finch Avenue, with excellent exposure and convenient access to rapid transit. The building offers clear heights ranging from approximately 12 to 18 feet and flexible zoning permitting a variety of uses, including automotive. Fully tenanted with a long-term lease, annual rent escalations and two additional five-year renewal options. Currently generating an approximate 4.6% capitalization rate. Located in a rapidly transitioning neighbourhood experiencing substantial development and a diminishing supply of industrial and office properties-providing excellent long-term upside and potential future redevelopment opportunities. The seller will complete exterior re-stuccoing and has recently completed Phase III environmental remediation at the rear of the property. An exceptional opportunity to acquire a well-located income-producing property with strong future potential.

Property details

Property

Property type
industrial
Interior size
8,928 sq ft
Lot size
80 × 248.09 ft
Zoning
E1*318
Possession
TBA

Interior

Heating
Gas Forced Air Open
Cooling
Partial

Exterior & services

Sewer
Sanitary

Costs

List price
$4,300,000
Property taxes
$32,016 / year (2025)
Price per sq ft
$482

Listing

MLS® number
W13772610
Status
For sale
Listed
September 11, 2026
Days on market
55
Last updated
September 23, 2026
Listing brokerage
VERTICAL MARKETING 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 75% of comparable industrial listings in York University Heights are asking less.

$139KMedian $943K$5.58M
This home
$482 / sq ft
Comparable median
$561 / sq ft

Based on 8 comparable active industrial listings in York University Heights. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $860,000
$860,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$19,020.35
Property tax (est.)
$2,667.98
Estimated monthly
$21,688

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
$93,975
Toronto municipal
$109,975
Total due on closing
$203,950

An estimate on the asking price of $4,300,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of VERTICAL MARKETING 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.

$4,300,000

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Comparable sales nearby

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