$3,180,000
For sale: Other

Rare opportunity to acquire or lease a 4,483 sq. ft. industrial/commercial unit in one of the Scarborough's most established business parks. Designed for versatility, the space features one truck-level loading dock door for efficient shipping and receiving, with the potential to construct a second-level mezzanine to significantly increase usable floor area. A unique advantage of this property is its restaurant-permitted zoning, making it an excellent opportunity for food production, catering, commissary kitchens, restaurants, specialty food businesses, or a variety of other commercial and industrial uses. Conveniently located on Kennedy Road with excellent access to Highways 401, 404, and 407, the property offers outstanding connectivity for customers, employees, and logistics operations.
Sold data
Other homes in Toronto (Milliken) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Milliken) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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