Peace Arch Entertainment is fielding buyer interest in Dufferin Gate Productions after putting the Toronto studio up for sale with a $3.9 million price tag.

Peace Arch Television president Michael Taylor confirmed the sale. The Butterick Road studio in west Toronto became a non-core asset as his company is mostly withdrawing from moviemaking to focus on TV production and film distribution in North America and internationally.

Peace Arch in 2007 acquired the 72,000-square-foot facility complete with five production offices and 16,000 square feet in studio space as part of a $6 million cash-and-stock deal.

The 2.7-acre site also sports three post-production suites and a gym.

During the 1990s, Dufferin Gate was a major producer of TV movies for U.S. cable channels, especially Showtime Networks, under then controlling shareholder Patrick Whitley.

Dufferin Gate acquired and refurbished the facility in 1999.

In the last two years, the Toronto studio has hosted mostly Canadian-content film and TV projects, including Rent-a-Goalie, Little Mosque on the Prairie and Atom Egoyan’s Adoration.

Peace Arch is also looking to strike during a hot realty market, in which west Toronto is suddenly a magnet for soundstages after Cinespace Film Studios purchased a Kipling Avenue industrial site for a new film studio complex. Film equipment supplier William F. White and Deluxe Laboratories also operate close to the Dufferin Gate facility.