40 Butterick Road, Toronto, ON M8W 3Z8
Alderwood · W06 · M8W 3Z8
$19,812,983
$379 / sq ft1 months on market
- Total area
- 52,277 sf
- Lot
- 72.67 × 0 ft
- Age
- 31-50 years
What's special
- Outside/surface garage
- Partial
About this property
High quality industrial freestand located at Evans Avenue and Kipling Avenue. Great power availability with 600amps/600 volt. 2 points of ingress/egress. Roof over office was replaced in 2024. Large rear yard with a great shipping depth. Ample employee parking. Shipping doors on all sides of the building with the ability to add more doors. Potential to demise into a 2 tenant building with a wall already in place. Yard is well lit with LED lighting. Great proximity to 400 series highways, public transit, and many amenities. Access to the Gardiner Expressway is approximately 1km from the property.
Property details
Property
- Property type
- industrial
- Interior size
- 52,277 sq ft
- Year built
- 31-50
- Zoning
- E 1.0
- Possession
- April 1,2027
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Partial
Exterior & services
- Garage
- Outside/Surface
- Sewer
- Sanitary+Storm
Costs
- List price
- $19,812,983
- Property taxes
- $80,097 / year (2025)
- Price per sq ft
- $379
Listing
- MLS® number
- W13791964
- Status
- For sale
- Listed
- September 16, 2026
- Days on market
- 50
- Last updated
- September 16, 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 95% of comparable industrial listings in Toronto are asking less.
- This home
- $379 / sq ft
- Comparable median
- $470 / sq ft
Based on 95 comparable active industrial listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $87,639.50
- Property tax (est.)
- $6,674.74
- Estimated monthly
- $94,314
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
- $481,800
- Toronto municipal
- $1,054,319
- Total due on closing
- $1,536,118
An estimate on the asking price of $19,812,983. 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
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