14 Gail Grove, Toronto (Humbermede) - Industrial for Sale
14 Gail Grove, Toronto (Humbermede), Ontario, M9M1M4
6,400 ft²16,553 sq ft (0.38 ac) lot sizeListed 8 days ago
Overview
$4,100,000
Toronto
14 Gail Grove, Toronto (Humbermede), Ontario, M9M1M4
$4,100,000
Toronto
This industrial property in Toronto is for sale offering roughly 6,400 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 48 days.
Very rare 6400 sf building available for sale in an ideal location just off Hwy 400 in between Finch and Sheppard. Currently split into 2 units. One unit is vacant, one unit has a month to month tenant (automotive). Vacant possession can be accommodated. Fully secured rear yard. Seller is having an environmental report completed. Ideal building for industrial or automotive uses. 8 parking spots up front with additional parking in the rear yard. Liberal EH1 zoning permitting outside storage. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 48 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 industrial in Toronto (Humbermede) has been listed for 8 days, which is 40 days fresher than the city average of 48. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $4,100,000, about 50.0× the local median household income of $82,000.
Carrying it typically needs a household income of about $800,874 (20% down, 25-yr amortization, stress-tested) — roughly 877% above the area median.
Source: Statistics Canada, 2021 Census (FSA M9M)
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