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For saleMLS® W14121310

557 Dixon Road, Toronto, ON M9W 6K1

West Humber-Clairville · W10 · M9W 6K1

$14,999,000

$395 / sq ft

1 weeks on market

Total area
38,000 sf
Lot
426.43 × 237.73 ft

What's special

  • Yes

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About this property

**Excellent Investment Opportunity - 557 Dixon Road, Etobicoke** Opportunity to acquire an income-producing, multi-tenant commercial plaza offering approximately 37,180 sq. ft. of rentable area and 97% leased occupancy. Strategically located along the highly visible Dixon Road corridor, the property benefits from convenient access to Highway 401, major arterial roads, public transit and the Toronto Pearson Airport employment district, providing excellent regional connectivity throughout Toronto and the western GTA. The plaza features a diverse tenant mix spanning restaurants, food production, office, healthcare, personal services, showroom and retail uses, including established tenants such as St. Louis Bar & Grill, Sumaq, Canadian Red Cross and District Lodge #78. Additional income is generated through highway pylon signage. With only one remaining vacancy of approximately 1,112 sq. ft. and leases extending through 2031, this property offers a strong existing income base with further upside through lease-up of the available space.

Property details

Property

Property type
investment
Interior size
38,000 sq ft
Lot size
426.43 × 237.73 ft
Zoning
E1
Possession
Flexible

Interior

Heating
Electric Forced Air
Cooling
Yes

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$14,999,000
Property taxes
$122,673 / year (2025)
Price per sq ft
$395

Listing

MLS® number
W14121310
Status
For sale
Listed
October 27, 2026
Days on market
9
Last updated
October 28, 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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 96% of comparable multi-unit / investment listings in Toronto are asking less.

$882KMedian $2.70M$8.00M
This home
$395 / sq ft
Comparable median
$700 / sq ft

Based on 95 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $2,999,800
$2,999,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$66,345.64
Property tax (est.)
$10,222.74
Estimated monthly
$76,568

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
$361,450
Toronto municipal
$741,410
Total due on closing
$1,102,860

An estimate on the asking price of $14,999,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. 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.

$14,999,000

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