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131R Millicent Street

Dovercourt-Wallace Emerson-Junction / Toronto W02, ON M6H 1W3

ActiveFor Sale
0 Beds
0 Baths
1,453 Sq Ft
Commercial
Virtual Tour Available

About This Property

Freehold industrial/commercial building on a rear lot with laneway access (via Armstrong/Emerson) in Toronto's Dovercourt-Wallace Emerson-Junction neighbourhood, inside a Major Transit Station Area (eliminates minimum parking requirements). No direct street frontage - access via laneway only. Confirmed building GFA 1,453 sf exterior / 1,288 sf interior per September 2026 professional floor plan. Lot approximately 2,950 sf. Zoned R(d0.6)(x740) with a long-standing history of commercial use and commercial tax assessment. Recent capital improvements include a replaced roof and trusses and an upgraded 100A electrical service with hydro active. Phase II Environmental Site Assessment (January 2026) came back clean with no exceedances. The neighbouring property recently completed a two-storey laneway build, demonstrating redevelopment feasibility on this laneway; multiplex and sixplex zoning frameworks apply in this ward, subject to frontage/access review by a purchaser. Vacant with flexible, quick possession. Buyer to conduct independent due diligence on all zoning, redevelopment, and servicing matters. All information deemed reliable but not guaranteed.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,453 sq ft
Bedrooms0
Bathrooms0
Taxes (2025)$5,145
Postal CodeM6H 1W3
Last UpdatedOct 28, 2026 · 10:48 a.m.

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TRREB MLS® Attribution

MLS® W13792634

Listed by RE/MAX GOLD REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$899,888

asking price

MLS®W13792634
TypeCommercial
CityToronto W02
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,394

/month · $719,910 mortgage

Down Payment20% — $179,978
Interest Rate5.5%

Amortization

Total Interest

$598,371

Total Cost

$1,318,281

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX GOLD REALTY INC.