650 Fenmar Drive, Toronto, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Humber Summit. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $11,999,868 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 250 x 235 ft lot size
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
This freestanding industrial building is BRC & HACCP certified with notable food-grade upgrades such as epoxy floors, drains, a QA Lab, and a small cooler. Ideally located with easy access to numerous amenities and transit options and conveniently close to Highways 407 & 400, situated on a corner lot with multiple access points. The building offers a clear height ranging from 16' to 22', with 3 truck-level doors equipped with levelers and 1 drive-in door. The roof is only 2 years old, and the asphalt is in excellent condition equipped with 32 parking stalls. The facility includes approximately 37,592 Total SF, 2,700 SF of wheelchair-accessible office space and approximately 33,179 SF warehouse area. The power supply is 800 amps.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 650 Fenmar Drive, Toronto W05, ON M9L 1R7
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 $11,999,868 in Toronto, the legal minimum down payment is $2,399,974 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 $286,472 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $286,472 also applies, bringing the total estimated land transfer taxes to $572,943.
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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.
