+ 12 photosFor Sale · Industrial
55 Milvan Drive, Toronto, ON M9L 1Y8
Toronto W05 · Humber Summit
0
Beds
—
Baths
0
Parking
18742 sq ft
Sq ft
—
Built
The honest picture
Listed 854% above the Humber Summit benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Freestanding industrial facility for sale offering strong functionality and an efficient layout, featuring a secure fenced rear yard providing valuable outdoor storage capacity. Two overhead cranes to support manufacturing or fabrication users. New roof, windows, and lighting. 1,200 Amps / 600V power supply suitable for power intensive operations. Strategically positioned with excellent access to Highways 400 and 407, it is ideal for users seeking practical industrial space with dedicated yard storage. Clean environmental report.
Property details
Listed on
June 1, 2026
Days on market
53 days
Property tax
$51,247.13 (2026)
Lot
135.2 × 383.74 Feet
Heating
Gas Forced Air Open
Cooling
No
MLS®
W13223238
Full details
Parking
GarageOutside/Surface
Property & sold history
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$181,475
Toronto municipal LTT$321,475
Legal · title · inspection$2,800
Closing costs$505,750
Down payment$1,560,000
Total cash to close$2,065,750
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
