56 Torlake Crescent, Toronto, ON

$17
MLS#:W12367296
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable industrial located in the coveted neighborhood of Mimico. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $17 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
  • Premium 213.07 x 300 ft lot size
  • equipped with partial central cooling and highly efficient gas forced air open heating

Description

7290SF Industrial Warehouse for Sub-Lease Excellent opportunity featuring 2 dedicated dock-level doors, 16 clear height, and a secured fenced yard with outdoor storage. Flexible office space is available for the right subtenant. Zoned E1, this property offers versatility for a range of industrial uses. Conveniently located south of the QEW on Kipling, with easy access to all major highways, this space is ideal for businesses seeking efficiency and connectivity.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date8/27/2025
Transaction TypeFor Sub-Lease

Property Details

Property Sub-TypeIndustrial
Lot Size213.07 × 300 Acres
CountyToronto
Annual Tax$53,421

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingPartial

Features

Property Features

Interior Features

Security Features

Yes

Community Features

Major Highway, Public Transit

Location

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56 Torlake Crescent, 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 56 Torlake Crescent, Toronto W06, ON M8Z 1B8

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$1 (6.1%)
* Minimum Canadian down payment required for this price is $1.
Amortization Period25 Years
Estimated Monthly Payment$0Based on a loan of $16 over 25 years.
Purchase Price$17
Loan Amount$16
Provincial Land Transfer Tax:$0
Toronto Municipal Land Transfer Tax:$0
Total Estimated Closing Taxes:$0

About Purchasing a Home in Toronto, ON

For a property listed at $17 in Toronto, the legal minimum down payment is $1 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 $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$879,557

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

St Mark
Public45 Cloverhill Road, Etobicoke, Toronto, Ontario, M8Y 1T4
5.2
St Louis
Public11 Morgan Avenue, Etobicoke, Toronto, Ontario, M8Y 2Z7
7.6
John English
Public95 Mimico Avenue, Etobicoke, Toronto, Ontario, M8V 1R4
6.0
Sainte-Marguerite-d'Youville
Public755 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
7.7
Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
7.7

Secondary Schools

Etobicoke-Arts
Public675 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T1
8.2
Bishop Allen
Public721 Royal York Road, Etobicoke, Toronto, Ontario, M8Y 2T3
8.7
Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
Lakeshore
Public350 Kipling Avenue, Etobicoke, Toronto, Ontario, M8V 3L1
4.9
Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8

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.