1220 Ellesmere Road, Toronto, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Bendale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $898,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 1 Bathroom
- Premium 20 x 1000 ft lot size
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient gas forced air closed heating
Description
Attention investors! Do not miss the opportunity of this industrial property for your own business or as investment for rental income. A total area of 2,000 sq ft with 280 sf office finished with 3 private offices + 1 reception area/show room and 1,720 sf warehouse for factory. A 12' x 10' truck loading dock for shipping and receiving. 14' ceiling height in warehouse area. 3 designated parking space. Seller is running embroidery/garment business at the property for over 15 years. Seller is open to the option for leasing back the property from the new owner if buying for rental income. Convenient location with easy access to TTC public transit for labor pool. It's about only 1.5 km to Scarborough Town Centre, Toronto - Scarborough Service Canada Centre, Passport Office, Toronto East Tax Services Office, Scarborough YMCA, Go Transit Bus Terminal, Toronto Public Library - Scarborough Civic Centre Branch.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1220 Ellesmere Road 26, Toronto E09, ON M1P 2X5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $898,000 in Toronto, the legal minimum down payment is $64,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $14,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,435 also applies, bringing the total estimated land transfer taxes to $28,870.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
