595* Coronation Drive, Toronto, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of West Hill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $29,498,000 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 0 Bathrooms
- Premium 424.25 x 1181.56 ft lot size
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient other heating
Description
Two freestanding buildings (manufacturing and warehouse) in the heart of Scarborough's established employment corridor. Building features rail spur, secured yard, outside storage, a secured parking area, heavy power, good shipping and various clear heights 15'8"-24'. Situated in a well-established industrial pocket, the property is surrounded by a mix of commercial and employment uses, providing strong long-term value and business synergy. The property is in a strategic location with close proximity to major transportation routes, facilitating convenient logistics across the Greater Toronto Area. Approximately 7-8 minutes to Rouge Hill or Guildwood Go Station and TTC bus stop across the street from the property to Kennedy Subway Station. Industrial area (116,957 sq. ft.) comprises the total of two warehouse areas (88, 205 sq. ft. & 24,979 sq. ft.), two building service areas (629 sq. ft. & 498 sq. ft.) and annex building (2,646 sq. ft.). Mezzanine and basement are excluded from the total area.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 595* Coronation Drive, Toronto E10, ON M1E 2K4
Based on 0 recent similar sales in the pocket.
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 $29,498,000 in Toronto, the legal minimum down payment is $5,899,600 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 $723,925 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $723,925 also applies, bringing the total estimated land transfer taxes to $1,447,850.
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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.
