$2,799,000

For sale

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1164 QUEEN Street West, Toronto (Little Portugal) - Retail for Sale

1164 QUEEN Street West, Toronto (Little Portugal), Ontario, M6J1J5

2 parking2,887 ft²18 × 100 ft (1,841 sq ft) lot sizeListed 85 days ago

Overview

This retail property in Toronto is for sale offering roughly 2,887 sq ft of space.

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Description

Super Prime Queen West Opportunity! Wonderful mixed-use building in one of Toronto's most desirable, dynamic neighbourhoods! High-traffic location with excellent presence and visibility! Impressive open-concept main floor commercial space delivered vacant perfect for end users or investors. Includes three marvellous residential units, detached garage with parking, courtyard patio, exposed brick, and high ceilings. Just steps from The Drake Hotel! Close to all amenities including cool cafés, boutique hotels, amazing restaurants, and major new developments. Don't miss this special opportunity to purchase a portfolio-quality investment in one of Toronto's most vibrant neighbourhoods. Must See! Don't Miss Out! A Pleasure to Show! (id:66096)

Property Details

MLS®: C13661334
Property Type: Retail
Zoning: CR3(c1;r2.5*2179)
Parking: 2
Interior Size: 2,887 ft²
Lot Size: 18 × 100 ft (1,841 sq ft)
Frontage: 18 ft
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $22,815.31/yr
Listed: 85 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

85d

Toronto (Little Portugal) listings, avg age

71d

Price / ft²

$970

List price

$2.80M

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.

Haho

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Listed by RE/MAX ULTIMATE REALTY INC. · JULIE SEO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $2,799,000, about 31.1× the local median household income of $90,000.

Carrying it typically needs a household income of about $546,743 (20% down, 25-yr amortization, stress-tested) — roughly 507% above the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$2,799,000· $970/ft²

For sale

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Financing

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