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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Parking Space in Toronto
Unit Parking at 89 Mcgill Street
A Great Opportunity To Own Or Add An Additional Underground Parking Spot At 89 McGill - Parking Is At Level D Unit 40 (PD040). Buyer Must Be A Registered Owner Of TSCC 2682 Alter Condominiums Or Provide A Proof Of Purchase. If You Don't Own A Parking Spot With Your Suite, Add Value To Your Suite By Purchasing One. Adding A Parking Spot May Make Your Suite Easier To Sell Now Or In The Future. This Parking Could Be Potentially Rented For $250-$300 A Month. **EXTRAS** Parking Is Not Assessed Separately For Property/Realty Tax Purposes Therefore Seller Cannot Provide It - The Buyer Or Buyer's Agent Or Buyer's Lawyer To Verify Taxes With Property Management Office And City Of Toronto.
Toronto parking priced at $70,000 — book a tour to see if it fits your search.
Inside 89 Mcgill St #Parking
Every detail from the listing, in one place.
Type
Parking
Parking
1 spaceYes garage
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Parking Space
89 Mcgill St #Parking Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C12500344$70,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 89 Mcgill St #Parking 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.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$344
/mo
based on the purchase price of $70,000
$14,000 cash
$56,000 financed
$47,167 total interest
Principal54%$56,000
Interest46%$47,167
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Book a tour of 89 Mcgill St #Parking with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 89 Mcgill St #Parking day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 market31Homes sold in about 31 days on average.
Sale-to-list ratio4991.3%On average, homes sold at or above asking.
Active listings12,389Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 1 – Jul 30, 2026.
Based on 9,504 sales from Jul 30 – Oct 28, 2026 (6,943 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
5 for sale · 3 for rent at 89 McGill St — plus its sale and lease history.
89 Mcgill St #Parking is listed at $70,000 (MLS® C12500344). Summitly updates the price as soon as the MLS® record changes.
Has the price of 89 Mcgill St #Parking changed?
No — 89 Mcgill St #Parking is still listed at its original asking price of $70,000.
How many bedrooms and bathrooms does 89 Mcgill St #Parking have?
The listing for 89 Mcgill St #Parking doesn't publish its bedroom and bathroom count. It is a parking space in Toronto.
Is 89 Mcgill St #Parking close to transit?
The nearest rapid-transit station is College Station (Line 1), about 340 m (about a 4-minute walk) in a straight line. TMU Station is about 490 m (about a 6-minute walk), and Wellesley Station is about 690 m (about a 9-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 89 Mcgill St #Parking?
About $344 a month — principal and interest on $70,000 with 20% down ($14,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 89 Mcgill St #Parking compare with other homes in Toronto?
Its asking price of $70,000 is about 92% below the median sold price in Toronto over the last 90 days, $840,000, across 9,504 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 89 Mcgill St #Parking been sold before?
Summitly has no earlier MLS® sale or lease of 89 Mcgill St #Parking on record from the last two years. Older records aren't shown under TRREB rules.
Where is 89 Mcgill St #Parking?
89 Mcgill St #Parking is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 89 Mcgill St #Parking been on the market?
361 days — 89 Mcgill St #Parking was listed on November 1, 2025.
Does 89 Mcgill St #Parking have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
What is the land transfer tax on 89 Mcgill St #Parking?
About $850 at the asking price of $70,000: $425 Ontario land transfer tax plus $425 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 89 Mcgill St #Parking 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.
