1500 birchmount road toronto

Former home of Nestle Canada is now most expensive real estate in Toronto at $95 million

Do you have $95 million in pocket change? If so, you can own the most expensive piece of Toronto real estate on the market right now.

The former home of Nestle Canada at 1500 Birchmount Road in Scarborough is up for grabs with a total of 300,000 square feet across nearly 22 acres of land, seven of which are vacant.

There are several tenancies in place at the industrial property however, the listing said there is approximately 208,000 square feet that is ready for occupancy upon closing the offer.

A quick search for the address shows multiple business including the Bond Academy and Empire Recovery Towing already established.

Opportunities exist to divide the lot into smaller units and according to the Behar Group could easily be used for schools, gyms, offices, churches, call centres and even showrooms.

Particularly important for industrial properties, Highway 401 is just a quick 2 kilometres away while annual property taxes will set you back a cool $277,000.

With just 17 days since being listed, it could be a while for this property is sold.

Lead photo by

Google Street view


Latest Videos



Latest Videos


Join the conversation Load comments

Latest in Real Estate

Outrageous Ontario landlord wants you to sleep in the hallway for $525

A few complaints from locals may change building laws on one Toronto street

Toronto home for sale at $8.5 million is a stunning blend of indoor and outdoor living

Charges on building new homes in Ontario have surged by 1000% in some places

A 6,000-square-foot Toronto home for sale at $9M pushes the bungalow to its limits

Here's how long you'll really need to save to afford a home in Ontario

Toronto real estate plunge continues and market just hit shocking historic low

Prices of Toronto's most costly homes are surging even higher though no one is buying them