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1 - 328 Passmore Avenue

1 - 328 Passmore Avenue

Toronto E07, ON

  • 1,941 sqft
  • Industrial
  • 516 days on market
$875,000Price reduced 20%

Note: Listing is for sale of unit only; not for 'Sale of Business and/or trademark'. The unit is being sold "as is" condition/no warranty, not including furniture & contents in display/show and industrial area. Seller will provide vacant possession on closing. Welcome to this bright, spacious, three Bay windows and high ceiling, industrial corner unit that is situated in a highly desirable prime location near Middlefield Rd/Steeles Ave. Easy access to highways 400/401 & public transit. Unit is approx 2050 sq ft (including 3 bay windows area), 25% office/display/storage area/washroom & 75% industrial area. Large rear shipping & receiving door at parking lot level for easy loading & unloading.

Listing Details

Taxes (2024)
$5,399
Originally Listed
$1,089,000
Listed
April 2, 2025

Price History

Property

Age
16-30

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Middlefield and Steeles
Zoning
Industrial
Parcel Number
119600001
Possession
60-89 days
Occupancy
Owner

Commercial

Office / Apartment Area
25 %

Included

Inclusions
Hot water tank (owned).
Exclusions
All existing contents, equipment and furniture.
Rental Items
None

Community

Postal area M1V

Population
50,825
Private dwellings
16,556
Median age
45.6
Average household size
3.2
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto E07 · last 12 months

Median sold price
$719,000
Homes sold
519
Median days on market
23
Sale-to-list price
98.8%

Based on 519 recorded sales of commercial properties in Toronto E07 over the last 12 months.

Listed by

NEW CENTURY REAL ESTATE CORP.

Walk Score

76

Walk

63

Transit

58

Bike

Scores by Walk Score®

Location

Street View

Commercial figures

Building area
1,941 sq ft
Price per sq ft
$450.80
Annual property tax
$5,399
Tax per sq ft
$2.78

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

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