2450 Morningside Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Rouge E11. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,920,810 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 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Best-in-class industrial condominium - Morningside Business Centre. State-of-the-art industrial condo recently completed in June 2024. Featuring modern finishes, approximately 1,500 sq. ft. of finished office area, and a 28' clear warehouse with ESFR sprinklers. The unit offers two truck-level docks with levelers accommodating 53' trailers, high-efficiency LED lighting, and functional layout designed for a wide range of users. Strategically located, providing excellent connectivity to Highways 401, 407 and 404/DVP. Own your space now along with other striving businesses!
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Pricing & Value Insights
Data-driven valuation for 2450 Morningside Avenue 10, Toronto E11, ON M1X 2E5
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About Purchasing a Home in Toronto, ON
For a property listed at $4,920,810 in Toronto, the legal minimum down payment is $984,162 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 $109,495 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $109,495 also applies, bringing the total estimated land transfer taxes to $218,991.
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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.
