For Sale
Just Listed
1 Towns Road N
New Toronto, Toronto, ON
$3,800,000
0Bd
6Ba
—sqft
100 x 158.71 ftlot
CommercialMLS# W13533228Listed 2026-07-076 DOM
About this home
Property owned by same family for 50 years. Second floor office space currently four office and atrium vacant. No tenants have leases. Unit 1A- 2offices & reception area, Unit 1B- 3 offices & reception area, Unit 1C- 3 bays & 2 overhead doors, Unit 1D- 2 bays & 1office, Unit 2- 4offices and large open reception area. Phase 1& 2 Environmental Site Assessment has been done. Results due July 17, 2026. Five long term tenants, no leases. Two are automotive repair, three office businesses only.
Features
- Partial
Financials
Annual Taxes
$16,647.96
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield0.8% – 2.5%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market6 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
71
/ 100
Walk Score
Very Walkable
71
/ 100
Transit Score
Excellent Transit
63
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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