$1,199,999

For sale

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1399 Gerrard Street, Toronto (Greenwood-Coxwell) - Retail for Sale

1399 Gerrard Street, Toronto (Greenwood-Coxwell), Ontario, M4L1Z5

2,400 ft²20 × 120 ft (2,437 sq ft) lot sizeListed 173 days ago

Overview

$1,199,999· $500/ft²

For sale

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Financing

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Listed by RE/MAX HALLMARK REALTY LTD.

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2 pk2,800 ft²Lot size 17 × 100 ft (1,673 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

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For sale

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2 pk2,800 ft²

Listed by RE/MAX HALLMARK REALTY LTD.

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For sale

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1349/1351 Queen Street East, Toronto (Greenwood-Coxwell), Ontario, M4L1C7

5,360 ft²Lot size 43 × 100 ft (4,247 sq ft)

Listed by PSR

$1,199,999

Toronto

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This retail property in Toronto is for sale offering roughly 2,400 sq ft of space.

Description

A rare opportunity to own a high income generating mixed use property in the middle of down town.its a retails store + 4 bed full apartment property generating $$$$$ monthly income on the famous Gerrard street E, Down Town Toronto.Ground floor is rented to Pharmacy business and 4 bed apartment is rented to a long term tenants. Both are paying rent on time.Surrounded by Clinic, restaurant beauty shops and many more business. (id:66096)

Property Details

MLS®: E13136022
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: CR2 (cl;r2*1573)
Interior Size: 2,400 ft²
Lot Size: 20 × 120 ft (2,437 sq ft)
Frontage: 20 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $9,348.28/yr
Listed: 173 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

173d

Toronto (Greenwood-Coxwell) listings, avg age

51d

Price / ft²

$500

List price

$1.20M

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 (Greenwood-Coxwell) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HOMELIFE/MIRACLE REALTY LTD · RAJ RAJYAGURU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4L)

This home lists at $1,199,999, about 11.9× the local median household income of $101,000.

Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 132% above the area median.

Median household income: $101,000
Population: 32,218
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4L)