This industrial property in Toronto is for sale offering roughly 15,694 sq ft of space. It has been on the market 24 days, fresher than the Toronto average of 60 days.

Description

Excellent corner industrial property for sale at 13 Racine Rd, Etobicoke. Features include El zoning for versatile use/development potential, spacious parking lots, and newly intalled freezer/cooler storage. Prime location with excellent highway (401/427) and airport access. Generous site size (approx. 16,000sf). Ideal opportunity for use, development, or business acquisition (id:66096)

Property Details

MLS®: W13885924
Property Type: Industrial
Zoning: E1
Interior Size: 15,694 ft²
Lot Size: 83 × 191 ft (15,916 sq ft)
Frontage: 83 ft
Heating: No heat
Cooling: None
Property Tax: $24,319.89/yr
Listed: 24 days ago

Market Timing

Days on market

24d

Toronto (West Humber-Clairville) listings, avg age

60d

Price / ft²

$254

List price

$3.99M

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 industrial in Toronto (West Humber-Clairville) has been listed for 24 days, which is 36 days fresher than the city average of 60. Act while there is still low competition.

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Area context

Neighbourhood profile (M9W)

This home lists at $3,990,000, about 46.9× the local median household income of $85,000.

Carrying it typically needs a household income of about $779,387 (20% down, 25-yr amortization, stress-tested) — roughly 817% above the area median.

Median household income: $85,000
Population: 40,977
Median age: 38.8
Owner / renter: 58% / 42%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M9W)

$3,990,000· $254/ft²

For sale

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Financing

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13 Racine Road, Toronto (West Humber-Clairville) - Industrial for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M9W)

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