586 Browns Line is a commercial in Toronto, listed for $999,000.
1Prime Corner Lot Opportunity in the Heart of Alderwood.
2Lower Level (1,000 Sq Ft): A fully renovated basement featuring a large boardroom/recreation room, an additional private room, a kitchenette, and a 3-piece bathroom.
3Parking & Access: Includes 4 dedicated surface parking spaces on-site.
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Commercial Property in Toronto
About 586 Browns Line
Prime Corner Lot Opportunity in the Heart of Alderwood. Situated at the prominent intersection of Browns Line and Mitcham Drive, this well-maintained bungalow offers a unique footprint in one of Toronto's high-growth neighborhoods. Having served as a staple of the community for over 25 years as a professional office, this property presents a versatile foundation for its next chapter as a custom residential renovation, a convenient live-work environment, or a potential redevelopment site. Substantial Interior Footprint: The property features approximately 2,100 square feet of total finished space across two functional levels. Main Floor (1,102 Sq Ft): Includes a bright, spacious front reception/living area, four generously sized rooms, a central utility/media room, and a washroom. Lower Level (1,000 Sq Ft): A fully renovated basement featuring a large boardroom/recreation room, an additional private room, a kitchenette, and a 3-piece bathroom. Flexible Utility: The lower level is further enhanced by an expansive, highly versatile area currently utilized for large-scale storage and administrative needs, offering immense potential for various home or hobby configurations. Site & Strategic Location: Exceptional Land Area: A significant 4,198 square foot corner lot providing excellent presence and accessibility. Parking & Access: Includes 4 dedicated surface parking spaces on-site. Regional Connectivity: Unparalleled access to the QEW, Highway 427, and the Gardiner Expressway. Minutes from CF Sherway Gardens, local schools, and a host of essential retail amenities. Property will be delivered vacant upon possession.
Toronto commercial priced at $999,000 — book a tour to see if it fits your search.
Inside 586 Browns Line
Every detail from the listing, in one place.
Type
Commercial
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Store W Apt/Office
586 Browns Line Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14180202$999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 586 Browns Line 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.
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.
Similar homes for sale nearby in Toronto
Other 2-bed homes for sale in Toronto around $999K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5167.7%On average, homes sold at or above asking.
Active listings12,244Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 18 – Aug 16, 2026: prices down.
Based on 9,173 sales from Aug 16 – Nov 14, 2026 (7,214 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 586 Browns Line
How much is 586 Browns Line listed for?
586 Browns Line is listed at $999,000 (MLS® W14180202). Summitly updates the price as soon as the MLS® record changes.
Has the price of 586 Browns Line changed?
No — 586 Browns Line is still listed at its original asking price of $999,000.
How many bedrooms and bathrooms does 586 Browns Line have?
The listing for 586 Browns Line doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 586 Browns Line compare with other homes in Toronto?
Its asking price of $999,000 is about 19% above the median sold price in Toronto over the last 90 days, $840,000, across 9,173 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 586 Browns Line been sold before?
Summitly has no earlier MLS® sale or lease of 586 Browns Line on record from the last two years. Older records aren't shown under TRREB rules.
Where is 586 Browns Line?
586 Browns Line is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 586 Browns Line been on the market?
1 day — 586 Browns Line was listed on November 13, 2026.
What is the land transfer tax on 586 Browns Line?
About $32,910 at the asking price of $999,000: $16,455 Ontario land transfer tax plus $16,455 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 586 Browns Line 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 586 Browns Line?
The listing for 586 Browns Line doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 586 Browns Line built?
The listing for 586 Browns Line doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.