62 Novopharm Court, Toronto, ON

$1,409,814
MLS#:E12630130
0 beds
1 baths
Commercial
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Property Highlights

Welcome to this remarkable industrial located in the coveted neighborhood of Malvern. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,409,814 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 1 Bathroom
  • 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

Welcome to the Milner Business Park, featuring this Prime Industrial unit offering 3,006 sq.ft. with 16' clear height, & 1 Truck-level Loading Dock. Ideal for end users or investors.Great location in high demand industrial area and offering quick access to Hwy 401, a keybenefit for logistics and transport-oriented businesses. Flexible E0.6 zoning can accommodate awide range of industrial uses. The property's three access points help streamline entry andexit, with ample parking spaces for your staff & clients. Vendor can provide turnkey buildouts& renovation options, and the space is easily adaptable to your needs. This industrial unit isa smart choice for operational efficiency and investment potential. Industrial Condo Unit #42,Municipal Address 62 Novopharm Court.

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Key Features

Bathrooms
1
Property Type
Commercial

Additional Details

StatusPrice Change
Listed Date12/12/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeIndustrial
CountyToronto
Annual Tax$1.68
Legal DescriptionUNIT 42, LEVEL 1, TORONTO STANDARD CONDOMINIUM PLAN NO. 3128 AND ITS APPURTENANT INTEREST; CITY OF TORONTO

Parking & Garage

Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Open
CoolingPartial

Features

Property Features

Interior Features

Security Features

Yes

Community Features

Location

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62 Novopharm Court, 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 62 Novopharm Court, Toronto E11, ON M1B 2K9

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$281,963 (20.0%)
* Minimum Canadian down payment required for this price is $281,963.
Amortization Period25 Years
Estimated Monthly Payment$6,721Based on a loan of $1,127,851 over 25 years.
Purchase Price$1,409,814
Loan Amount$1,127,851
Provincial Land Transfer Tax:$24,671
Toronto Municipal Land Transfer Tax:$24,671
Total Estimated Closing Taxes:$49,343

About Purchasing a Home in Toronto, ON

For a property listed at $1,409,814 in Toronto, the legal minimum down payment is $281,963 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 $24,671 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $24,671 also applies, bringing the total estimated land transfer taxes to $49,343.

Nearby Listings

Distance:

No current listings found in Toronto.

City & Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$658,372

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

Berner Trail
Public120 Berner Trail, Scarborough, Toronto, Ontario, M1B 1B3
6.1
St Barnabas
Public30 Washburn Way, Scarborough, Toronto, Ontario, M1B 1H3
5.7
Sacred Heart
Public75 Hupfield Trail, Scarborough, Toronto, Ontario, M1B 4S3
6.4
St Columba
Public10 John Tabor Trail, Scarborough, Toronto, Ontario, M1B 1M9
2.5
St Florence Catholic
Catholic101 Murison Boulevard, Scarborough, Toronto, Ontario, M1B 2L6
6.7

Secondary Schools

Woburn
Public2222 Ellesmere Road, Scarborough, Toronto, Ontario, M1G 3M3
5.6
Albert Campbell
Public1550 Sandhurst Circle, Scarborough, Toronto, Ontario, M1V 1S6
7.1
Francis Libermann
Public4640 Finch Avenue East, Scarborough, Toronto, Ontario, M1S 4G2
7.2

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.