131R Millicent Street, Toronto, ON M6H 1W3
Dovercourt-Wallace Emerson-Junction · W02 · M6H 1W3
$859,900
$592 / sq ft1 months on market
- Total area
- 1,453 sf
- Lot
- 58.29 × 62.89 ft
What's special
- Lane garage
About this property
Freehold industrial/commercial building on a rear lot with laneway access (via Armstrong/Emerson) in Toronto's Dovercourt-Wallace Emerson-Junction neighbourhood, inside a Major Transit Station Area (eliminates minimum parking requirements). No direct street frontage - access via laneway only. Confirmed building GFA 1,453 sf exterior / 1,288 sf interior per September 2026 professional floor plan. Lot approximately 2,950 sf. Zoned R(d0.6)(x740) with a long-standing history of commercial use and commercial tax assessment. Recent capital improvements include a replaced roof and trusses and an upgraded 100A electrical service with hydro active. Phase II Environmental Site Assessment (January 2026) came back clean with no exceedances. The neighbouring property recently completed a two-storey laneway build, demonstrating redevelopment feasibility on this laneway; multiplex and sixplex zoning frameworks apply in this ward, subject to frontage/access review by a purchaser. Vacant with flexible, quick possession. Buyer to conduct independent due diligence on all zoning, redevelopment, and servicing matters. All information deemed reliable but not guaranteed.
Property details
Property
- Property type
- industrial
- Interior size
- 1,453 sq ft
- Lot size
- 58.29 × 62.89 ft
- Zoning
- R(d0.6)(x740)
- Possession
- Flexible, available quickly
Interior
- Cooling
- No
Exterior & services
- Garage
- Lane
- Sewer
- Septic Available
Costs
- List price
- $859,900
- Property taxes
- $5,145 / year (2025)
- Price per sq ft
- $592
Listing
- MLS® number
- W13792634
- Status
- For sale
- Listed
- September 16, 2026
- Days on market
- 50
- Last updated
- October 29, 2026
- Listing brokerage
- RE/MAX GOLD REALTY INC.
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 below most comparable listings — about 23% of comparable industrial listings in Toronto are asking less.
- This home
- $592 / sq ft
- Comparable median
- $465 / sq ft
Based on 95 comparable active industrial listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $4,417.31
- Property tax (est.)
- $428.74
- Estimated monthly
- $4,846
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
- $13,673
- Toronto municipal
- $13,673
- Total due on closing
- $27,346
An estimate on the asking price of $859,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX GOLD REALTY 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.
Comparable sales nearby
What similar homes in this area actually sold for.
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