121 Niagara Street, Toronto (Niagara) - Business for Sale
121 Niagara Street, Toronto (Niagara), Ontario, M5V1C7
This business in Toronto is for sale offering roughly 2,631 sq ft of space. It has been on the market 1 day, fresher than the Toronto average of 48 days.
Description
Prime King West income property with genuine long-term upside. Freehold 17.17 x 100 ft lot on a rear lane, tenanted month-to-month. Approximately 2,631sf with two kitchens, three renovated baths and a walk-out lower level. Detached two-car garage off the lane offers added income potential. Backs onto a large site with an active development application at 2 Tecumseth St. Steps to King West, Trinity Bellwoods, Stackt Market and Exhibition GO. Wonderful long term investment in one of Toronto's most vibrant and desired neighborhoods. Rent roll & additional info available on request. (id:66096)
Property Details
- MLS®
- C14152830
- Property Type
- Business
- Zoning
- Commercial
- Bedrooms
- 7
- Bathrooms
- 1
- Interior Size
- 2,631 ft²
- Frontage
- 17 ft
- Heating
- Forced air, Natural gas
- Cooling
- None
- Property Tax
- $7,300/yr
- Listed
- Yesterday
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Features and services as supplied by the listing brokerage.
Market Timing
Just listed: 1 day on market, against an average age of 48 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 7-bed business in Toronto (Niagara) has been listed for 1 day, which is 47 days fresher than the city average of 48. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5V)
This home lists at $1,450,000, about 15.9× the local median household income of $91,000.
Carrying it typically needs a household income of about $283,236 (20% down, 25-yr amortization, stress-tested) — roughly 211% above the area median.
- Median household income
- $91,000
- Population
- 59,912
- Median age
- 32
- Owner / renter
- 42% / 58%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5V)
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$1,450,000
Toronto