400 Summerhill Avenue, Toronto (Rosedale-Moore Park) - Business for Sale
400 Summerhill Avenue, Toronto (Rosedale-Moore Park), Ontario, M4W2E4
This business in Toronto is for sale offering roughly 3,240 sq ft of space. It has been on the market 36 days, fresher than the Toronto average of 46 days.
Description
Rarely offered Rosedale-Moore Park investment opportunity! This exceptional freehold commercial-residential property offers outstanding flexibility for end users, investors in one of Toronto's most desirable, walkable neighborhoods. The building comprises four updated units: one street-level commercial space (currently occupied by a busy veterinary clinic with excellent street exposure) and three residential suites above/below, offering varied layouts that support strong rental demand and stable tenancy. Separately metered for added efficiency and long-term flexibility. Ideal for an investor seeking reliable income, or a buyer looking to live in one unit while generating meaningful cash flow from the others. Parking for 3+ cars is a rare bonus in the area. Steps to Summerhill Market, parks, top schools, shops, TTC, and Bike Share-an iconic community that truly feels like an oasis in the city. Shows to perfection. (id:66096)
Property Details
- MLS®
- C13849666
- Property Type
- Business
- Zoning
- CR1.5(c1;r1*1443)
- Bedrooms
- 7
- Parking
- 3
- Interior Size
- 3,240 ft²
- Frontage
- 38 ft
- Building Area
- 3,240 ft²
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Partially air conditioned
- Property Tax
- $17,248/yr
- Listed
- 36 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 36 days on market, against an average age of 46 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 (Rosedale-Moore Park) has been listed for 36 days, which is 10 days fresher than the city average of 46. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M4W)
This home lists at $1,680,000, about 16.2× the local median household income of $104,000.
Carrying it typically needs a household income of about $328,163 (20% down, 25-yr amortization, stress-tested) — roughly 216% above the area median.
- Median household income
- $104,000
- Population
- 15,296
- Median age
- 44.8
- Owner / renter
- 56% / 44%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M4W)
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$1,680,000
Toronto