66 Milvan Drive, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business 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 $1,990,000 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 270 x 173 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Excellent opportunity to own a fully equipped and licensed auto body shop located at Unit 9 - 66 Milvan Drive, Toronto, in the Humber Summit area.This location offers strong exposure in a busy industrial/commercial area with convenient access for customers, suppliers, and vehicle drop-offs. The shop is zoned and fully licensed for auto body use, making it a strong turnkey opportunity for an owner-operator or an expanding automotive business.The space comes fully equipped with a spray booth, air compressor, ventilation system, paint/prep area, tools, shelving, and shop equipment. It also offers excellent parking and vehicle storage with 13 exterior parking spots plus 5 indoor parking spots, ideal for customer vehicles, work-in-progress cars, and daily shop operations.A great opportunity for an auto body, collision repair, painting, detailing, or related automotive service business in a well-established Toronto industrial location.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 66 Milvan Drive 9, Toronto W05, ON M9L 1Z2
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 $1,990,000 in Toronto, the legal minimum down payment is $398,000 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 $36,275 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $36,275 also applies, bringing the total estimated land transfer taxes to $72,550.
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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.
