1680 Midland Avenue, Toronto, ON

$1,475,000
MLS#:E12224270
0 beds
2 baths
Commercial
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Property Highlights

Welcome to this remarkable industrial located in the coveted neighborhood of Dorset Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,475,000 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 2 Bathrooms
  • Spacious lot size measured in Feet
  • equipped with no central cooling and highly efficient gas forced air open heating

Description

PRICE DECREASE with further potential to negotiate price. This owner-occupied industrial warehouse is being offered as a leaseback, generating an attractive cap rate and capital appreciation potential with a 10+5 triple net lease being offered to the purchaser. Current owners run a successful business at the location and are looking to free up capital for expansion. A true chance to set your own returns as an investor as the new lease will be negotiated directly with the current owners of the property. Well designed rectangular layout with front office/reception area with 2 washrooms. 7 exclusive parking spots and included with each unit. Minutes away from 401 On/Off Ramp and currently zoning allowing for a variety of uses including automotive.

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Key Features

Bathrooms
2
Property Type
Commercial

Additional Details

StatusActive
Listed Date6/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeIndustrial
CountyToronto
Annual Tax$10,936.96
Legal DescriptionUNIT 5, LEVEL 1, TORONTO STANDARD CONDOMINIUM PLAN NO. 2643 AND ITS APPURTENANT INTEREST SUBJECT TO AND TOGETHER WITH EASEMENTS AS SET OUT IN SCHEDULE A AS IN AT4825905 CITY OF TORONTO

Parking & Garage

Garage Spaces7
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingNo

Features

Property Features

Interior Features

Security Features

Yes

Community Features

Location

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1680 Midland Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1680 Midland Avenue 5, Toronto E04, ON M1P 3C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$295,000 (20.0%)
* Minimum Canadian down payment required for this price is $295,000.
Amortization Period25 Years
Estimated Monthly Payment$7,032Based on a loan of $1,180,000 over 25 years.
Purchase Price$1,475,000
Loan Amount$1,180,000
Provincial Land Transfer Tax:$25,975
Toronto Municipal Land Transfer Tax:$25,975
Total Estimated Closing Taxes:$51,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,475,000 in Toronto, the legal minimum down payment is $295,000 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 $25,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $25,975 also applies, bringing the total estimated land transfer taxes to $51,950.

Nearby Listings

Distance:

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Dorset Park, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$708,257

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ellesmere-Statton
Public739 Ellesmere Road, Scarborough, Toronto, Ontario, M1P 2W1
6.6
St Lawrence
Public2216 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P9
6.8
St Victor
Public20 Bernadine Street, Scarborough, Toronto, Ontario, M1P 4M2
6.2
St Albert
Public1125 Midland Avenue, Scarborough, Toronto, Ontario, M1K 4H2
4.7
Precious Blood
Public1035 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1R 2G8
6.3

Secondary Schools

Winston Churchill
Public2239 Lawrence Avenue East, Scarborough, Toronto, Ontario, M1P 2P7
3.4
David and Mary Thomson
Public125 Brockley Drive, Scarborough, Toronto, Ontario, M1P 0E1
4.4
Wexford Collegiate-Arts
Public1176 Pharmacy Avenue, Scarborough, Toronto, Ontario, M1R 2H7
5.3
Senator O’Connor
Public60 Rowena Drive, Toronto, Ontario, M3A 3R2
7.3
Victoria Park
Public15 Wallingford Road, Toronto, Ontario, M3A 2V1
6.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.