Overview

This retail property in Toronto is for sale offering roughly 1,800 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 65 days.

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Description

Attention Investors, Contractors & Builders! Rare blank-canvas opportunity to acquire a prime mixed-use storefront property with laneway access and rear parking in the heart of Toronto's vibrant Little Jamaica community. Offered completely vacant, this 2-storey building is ready for a full custom renovation to unlock its potential. The main-floor commercial space features high-visibility exposure on Eglinton Ave W, ideal for a retail concept, office or service business. The upper level, with a separate entrance, offers a spacious apartment footprint requiring a full overhaul, with potential for a rental suite or live-work configuration. A full basement, high and dry, provides additional space ready to be finished to suit your needs. Rear laneway access and dedicated parking add convenience and flexibility. Located approximately 150 feet from Oakwood LRT Station and minutes from the subway and Allen Expressway, this property offers excellent transit access in a neighbourhood undergoing revitalization. Bring your design team and explore the possibilities! Buyers to verify zoning and permitted uses through their own due diligence. (id:66096)

Property Details

MLS®: W14148990
Property Type: Retail
Zoning: As is
Interior Size: 1,800 ft²
Lot Size: 18 × 92 ft (1,617 sq ft)
Frontage: 18 ft
Heating: Forced air, Natural gas
Cooling: None
Property Tax: $7,300/yr
Listed: Today

Market Timing

Days on market

Toronto (Briar Hill-Belgravia) listings, avg age

65d

Price / ft²

$444

List price

$800K

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 (Briar Hill-Belgravia) has been listed for 0 days, which is 65 days fresher than the city average of 65. Act while there is still low competition.

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Area context

Neighbourhood profile (M6E)

This home lists at $799,900, about 9.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 91% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$799,900· $444/ft²

For sale

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Financing

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1552 eglington Avenue West, Toronto (Briar Hill-Belgravia) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M6E)

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