$14,900,000
( $357.49Per Sq Foot )
 $79,986 est/mo Sourced by Back At You

1200 Tapscott Road,Toronto E11, ON M1X 1M5

Toronto E11, ON M1X 1M5

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Description

A great opportunity to acquire a premium, high-visibility industrial asset situated on a prominent 2-acre corner lot in a highly sought-after Scarborough employment hub. This property is being offered for the first time in years. 41,679 square feet of brick construction, this quality building offers a Buyer flexibility for their business use. 10,263 square feet is leased to a tenant while the remainder can be available for an end-user. The ceiling height is 18' clear, numerous truck level doors and drive-in doors provide for easy shipping. The property is well located between the 407 & 401. The roof was replaced in 2023 for $580,000 thereby minimizing near-term CAPEX. There is an existing cell tower lease providing passive revenue. Phase 3, 600 Volt, 600 Amp 4 Wire Electrical is available. A current Phase I & II and other property information are available to interested parties upon signing a confidentiality agreement.

Details

MLS #E13594820
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site100
Listing Provided ByRoyal Lepage Proalliance Realty | E13594820 179019

Features

Bath(s)6
SQ Feet41,679
Acreage0.96

Interior

CoolingPartial

Exterior

Community FeaturesMajor Highway, Public Transit
Security FeaturesYes

Utilities

UtilitiesYes
SewerSanitary+Storm

Taxes

Tax Annual Amount74557
Tax TypeAnnual
Tax Legal DescriptionPCL BLK 7-1, SECT M2205 BLK 7, 66M2205; SUBJECT TO EASEMENT AS IN C345574 SCARBOROUGH , CITY OF TORONTO
Tax Year2025

Area Information

ProvinceON
CountyToronto
CityToronto E11
Postal CodeM1X 1M5
AreaRouge E11
Listing VS Median (in M1X 1M5)
Price:
$14,900,000
low | high
Med:
$14,900,000
50% of Average
sqft:
41,679
low | high
Med:
41,679
50% of Average
$ / sqft:
$357
low | high
Med:
$357
50% of Average
On site:
100
low | high
Med:
100
100% of Average
Sourced by Back At You

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Learn More About This Property

JASMINE GILL

JASMINE GILL

Coldwell Banker The Real Estate Centre

 (647) 355-1279bestbrokerto@gmail.com
ProvinceON
CountyToronto
CityToronto E11
Postal CodeM1X 1M5
AreaRouge E11
Listing VS Median (in M1X 1M5)
Price:
$14,900,000
low | high
Med:
$14,900,000
50% of Average
sqft:
41,679
low | high
Med:
41,679
50% of Average
$ / sqft:
$357
low | high
Med:
$357
50% of Average
On site:
100
low | high
Med:
100
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 11:24:42 PM PDT

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JASMINE GILL

2240 Eglinton Avenue West
Toronto, Ontario M6E 2L3
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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