Overview

This retail property in Toronto is for sale offering roughly 5,430 sq ft of space.

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Description

Prime corner commercial lot on Willowdale Avenue, just North of Sheppard. Great Opportunity for a user or investor in the heart of North York. Currently used as professional offices on all three levels. The building has an alarm system. On site parking for approximately 14-15 cars. Excellent future re-development opportunities for commercial or residential uses. Vacant possession is possible. Some of the pictures of the property are virtually staged. (id:66096)

Property Details

MLS®: C13657138
Property Type: Retail
Business Type: Service
Zoning: CR1, R1.
Bathrooms: 6
Parking: 14
Interior Size: 5,430 ft²
Frontage: 60 ft
Building Area: 5,430 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $72,995.98/yr
Listed: 86 days ago

Market Timing

Days on market

86d

Toronto (Willowdale East) listings, avg age

55d

Price / ft²

$608

List price

$3.30M

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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Area context

Neighbourhood profile (M2N)

This home lists at $3,299,000, about 40.2× the local median household income of $82,000.

Carrying it typically needs a household income of about $644,410 (20% down, 25-yr amortization, stress-tested) — roughly 686% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$3,299,000· $608/ft²

For sale

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Financing

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149 Willowdale Avenue, Toronto (Willowdale East) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M2N)

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