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Commercial Property in Toronto
About 5235 Steeles Avenue West
Exceptional freestanding commercial building located on a high-profile corner lot with outstanding exposure along Steeles Ave W. Strategic North York location with convenient access to Highways 400, 401, and 407. Well-maintained multi-tenant property featuring strong covenant tenants, consistent rental income, and a strong capitalization rate. Long-standing occupants demonstrate the stability of the asset and are expected to continue their tenancy. A rare opportunity to acquire a quality investment property in one of Toronto's most sought-after commercial corridors.
Toronto industrial priced at $16,900,000 — book a tour to see if it fits your search.
Inside 5235 Steeles Ave W
Every detail from the listing, in one place.
Type
Industrial
Lot size
200.02 x 200.00 Feet (.91 Acres)
Features & systems
Lot & land
Lot dimensions
200.02 x 200.00 Feet (.91 Acres)
Lot size (sqft)
0
Lot features
Irregular Lot
Listing & possession
Property class
Industrial
5235 Steeles Ave W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13224928$16,900,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5235 Steeles Ave W Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 5235 Steeles Ave W. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5194.5%On average, homes sold at or above asking.
Active listings11,862Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 12 – Aug 10, 2026: prices up.
Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
5235 Steeles Ave W is listed at $16,900,000 (MLS® W13224928). Summitly updates the price as soon as the MLS® record changes.
Has the price of 5235 Steeles Ave W changed?
No — 5235 Steeles Ave W is still listed at its original asking price of $16,900,000.
How many bedrooms and bathrooms does 5235 Steeles Ave W have?
The listing for 5235 Steeles Ave W doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 5235 Steeles Ave W close to transit?
The nearest rapid-transit station is Emery Station (Line 6), about 2.0 km in a straight line. Milvan Rumike Station is about 2.1 km, and Signet Arrow Station is about 2.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 5235 Steeles Ave W compare with other homes in Toronto?
Its asking price of $16,900,000 is about 1900% above the median sold price in Toronto over the last 90 days, $844,900, across 9,125 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 5235 Steeles Ave W been sold before?
Summitly has no earlier MLS® sale or lease of 5235 Steeles Ave W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5235 Steeles Ave W?
5235 Steeles Ave W is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5235 Steeles Ave W been on the market?
160 days — 5235 Steeles Ave W was listed on June 1, 2026.
What is the lot size of 5235 Steeles Ave W?
The lot measures 200.02 × 200.00 Feet (.91 Acres), as published in the listing.
What is the land transfer tax on 5235 Steeles Ave W?
About $1,414,900 at the asking price of $16,900,000: $408,975 Ontario land transfer tax plus $1,005,925 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 5235 Steeles Ave W or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 5235 Steeles Ave W?
The listing for 5235 Steeles Ave W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
