$5,999,000 - 1020 Dupont Street, Bloor West Village
Commercial for Sale in Bloor West Village
100 days on marketNeighbourhood: Dovercourt-Wallace Emerson-Junction
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- MLS Number
- W13499392
- Property Type
- Commercial
- Status
- active
- Days on Site
- 100
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 17,437 sqft
- Neighbourhood
- Bloor West Village / Swansea
- Taxes (2026)
- $30,423
- Listing Brokerage
- GET SOLD REALTY INC.
1020 Dupont Street, Toronto - Employment Industrial | $5,999,000Rare opportunity to acquire a landmark Toronto employment site with compelling intensification potential. This 17,438 sq ft lot commands 132 feet of prime Dupont Street frontage in one of the city's most rapidly evolving corridors - offering a development runway Zoned Employment Industrial E2.0 (x262), the site currently operates at a Floor Space Index of 0.75 against a permitted 2.0 FSI - representing substantial unutilized density. A large paved surface parking area to the east of the existing building provides an immediately actionable expansion pad, with no demolition required to begin planning. The existing improvements include a two-storey, 13,070 sq ft character industrial building with exposed brick and a lower level featuring full ceiling height and concrete ramp access. entitlements or repositioning strategies are advanced. The surrounding context tells the story of where this node is heading. The Galleria Mall redevelopment to the west is delivering significant residential density and commercial programming. An approved 17-storey purpose-built rental project sits immediately to the east. The Geary Avenue creative corridor runs directly behind the site, now home to studios, food production facilities, restaurants, and professional office tenants. Intensification pressure across this stretch of Dupont is accelerating. At $5,999,000 - approximately $425/sq ft on existing GFA - this asset is priced in line with market comparables while reflecting meaningful land upside. A site of this scale, frontage, and locational quality, with available FSI and no immediate capital obligations, represents the kind of patient-capital play that rarely surfaces in established Toronto employment nodes. Sold by the Court-Appointed Receiver. All offers subject to court approval. Property sold in "as-is, where-is" condition. No representations or warranties.
Estimate your monthly payments for this property
Estimated Payment
$26,535.60/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Dovercourt-Wallace Emerson-Junction
Dovercourt-Wallace Emerson-Junction is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Dovercourt-Wallace Emerson-Junction
- •Convenient location in Bloor West Village / Swansea
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Dovercourt-Wallace Emerson-Junction offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1020 Dupont Street, Bloor West Village / Swansea
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $344/sqft, this is priced in the mid-range for GTA commercial space. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Extended Exposure — Negotiating Room
At 100 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Bloor West Village transactions.