Welcome to this remarkable industrial located in the coveted neighborhood of Milliken. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $875,000 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.
Note: Listing is for sale of unit only; not for 'Sale of Business and/or trademark'. The unit is being sold "as is" condition/no warranty, not including furniture & contents in display/show and industrial area. Seller will provide vacant possession on closing. Welcome to this bright, spacious, three Bay windows and high ceiling, industrial corner unit that is situated in a highly desirable prime location near Middlefield Rd/Steeles Ave. Easy access to highways 400/401 & public transit. Unit is approx 2050 sq ft (including 3 bay windows area), 25% office/display/storage area/washroom & 75% industrial area. Large rear shipping & receiving door at parking lot level for easy loading & unloading.
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Data-driven valuation for 328 Passmore Avenue 1, Toronto E07, ON M1V 5J5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $875,000 in Toronto, the legal minimum down payment is $62,500 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 $13,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,975 also applies, bringing the total estimated land transfer taxes to $27,950.
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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.