For saleMLS® E13594820

1200 Tapscott Road, Toronto, ON M1X 1M5

Rouge, Toronto · Near Tapscott Rd. & Passmore Ave. · View map

$14,900,000
6Baths
41679Sq ft
IndustrialType
NoneParking
$74,557/yrTaxes
$14,900,000
FreeholdNo monthly condo fee
Lot 359.6 x 218.4 ftThe land comes with the home

About this home

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.

The home

Type
Industrial
Square footage
41679 sq ft
Bathrooms
6
Lot size
359.6 x 218.4 ft
Approximate age
31-50 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Security
Yes

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Partial

Garage & parking

Total parking
None

Taxes & other

Property taxes
$74,557/yr
Tax year
2025
Occupancy
Owner+Tenant
Possession
Flexible
Cross street
Tapscott Rd. & Passmore Ave.
Neighbourhood
Rouge

More

MLS® number
E13594820

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$66,316per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    1200 Tapscott Road, Toronto, ON M1X 1M5

    Rouge, Toronto · Near Tapscott Rd. & Passmore Ave.

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    Sold history

    Listing history for 1200 Tapscott Road

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 1200 Tapscott Road

    Answers come straight from this home’s MLS® listing.

    How much is 1200 Tapscott Road listed for, and what would it cost each month?

    1200 Tapscott Road is listed for $14,900,000. With 20% down ($2,980,000), the mortgage payment would be roughly $60,102 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $66,316 a month, all in. That figure is an illustration, not a quote.

    Is 1200 Tapscott Road freehold or a condo, and is there a monthly fee?

    1200 Tapscott Road is a industrial in Rouge, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 1200 Tapscott Road have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 1200 Tapscott Road?

    1200 Tapscott Road is an industrial. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 1200 Tapscott Road, and what is the lot size?

    The lot is listed as 359.6 x 218.4 ft.

    How is 1200 Tapscott Road heated and cooled?

    Heating is gas forced air open. Cooling is partial.

    What are the property taxes for 1200 Tapscott Road?

    Property taxes are $74,557 a year (2025), or about $6,213 a month.

    Where is 1200 Tapscott Road?

    1200 Tapscott Road is in the Rouge community of Toronto. The nearest main intersection is Tapscott Rd. & Passmore Ave.. The postal code is M1X 1M5.

    Is 1200 Tapscott Road still for sale?

    Yes. It is an active listing (MLS® E13594820). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 1200 Tapscott Road asking?

    Similar properties for sale nearby right now include 1625 Wilson Avenue at $14,900,000, 557 Dixon Road at $14,999,000 and 145-155 Rexdale Boulevard at $15,400,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1200 Tapscott Road sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 1200 Tapscott Road?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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