Welcome to this remarkable industrial located in the coveted neighborhood of Junction Area. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $18,750,000 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.
Full ARN #: 1904 014 350 00200 0660. One tenant occupying 33,952 sq. ft. until January 31st 2027. Main building sits on 1.07 acres, and roughly 0.46 acres is surplus land for parking or outdoor storage. Trailer parking available on site. Office space split over two floors. Former federally certified meat processing facility. Clear height varies throughout building. Cooler & Freezer spaces available separately. Main floor coolers are designed for chilling hold temperatures from 0 Celsius to 10 Celsius. First cooler on main floor is designed to be the coldest reaching below 0 Celsius to -3 Celsius. Basement temperatures designed to hold 1 Celsius to 2 Celsius with ability to go colder with more units. Basement freezer designed to hold between -8 Celsius and -18 Celsius . Meat Processing equipment in storage (on site) and available for sale . Current NOI - $636,600.00 until January 31st 2027. One year renewal option.
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Data-driven valuation for 70 Glen Scarlett Road, Toronto, ON M6N 1P4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $18,750,000 in Toronto, the legal minimum down payment is $3,750,000 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 $455,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $455,225 also applies, bringing the total estimated land transfer taxes to $910,450.
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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.