$1,799,000

For sale

1218 Bloor Street West, Toronto (Dovercourt-Wallace Emerson-Junction) - Retail for Sale

1218 Bloor Street West, Toronto (Dovercourt-Wallace Emerson-Junction), Ontario, M6H1N3

1 parking2,835 ft²Listed 37 days ago

Overview

This retail property in Toronto is for sale offering roughly 2,835 sq ft of space. It has been on the market 37 days, fresher than the Toronto average of 56 days.

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Description

*Prime Location*In front of the anticipated Fitzrovia Luxury Buildings On Bloor St* Mixed-Use property* 3 units on 2nd flr consisting of 1-3 bedroom, 1-2 bedroom, 1-bachelor, basement 1-1 bedroom, 1-2 bedroom. Main floor commercial with an excellent layout with 6 rooms each with its own individual 3 piece bathroom. Total of 6 kitchens & 11 Washrooms. Also features a 3rd floor Deck overlooking the park with a big storage room. The building was recently renovated. Laneway access with 1 parking space. Across the street from the Subway, 5 min from Go Train, 10 min drive to all major highways and 10 min to the downtown Core. Infront of grocery store, schools, parks. Surrounded by trendy shops, bars, and restaurants, offering strong potential for investment and income growth. It's a rare opportunity for a buyer seeking a high-traffic, economically promising location. Best thing - 100% vacant, no tenants to assume. Wont be disappointed. (id:66096)

Property Details

MLS®: W13834586
Property Type: Retail
Zoning: Comm/Resi
Parking: 1
Interior Size: 2,835 ft²
Frontage: 16 ft
Building Area: 2,835 ft²
Heating: Hot water radiator heat, Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $13,181.5/yr
Listed: 37 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Toronto (Dovercourt-Wallace Emerson-Junction) listings, avg age

56d

Price / ft²

$635

List price

$1.80M

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

This retail in Toronto (Dovercourt-Wallace Emerson-Junction) has been listed for 37 days, which is 19 days fresher than the city average of 56. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · CINTIA DE AGUIAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6H)

This home lists at $1,799,000, about 21.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $351,408 (20% down, 25-yr amortization, stress-tested) — roughly 323% above the area median.

Median household income: $83,000
Population: 43,730
Median age: 38.4
Owner / renter: 49% / 52%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6H)

$1,799,000· $635/ft²

For sale

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Financing

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