1554 Avenue Road, Toronto (Bedford Park-Nortown), Ontario, M5M3X5



$2,199,000
Toronto
This retail property in Toronto is for sale offering roughly 1,130 sq ft of space.
Exceptional investment opportunity in Toronto's prestigious and affluent Avenue Road & Lawrence Avenue corridor. This approximately 1,130 sq. ft. commercial property is leased to an established tenant, providing investors with stable rental income and an attractive lease already in place. Located in one of the city's most sought-after retail nodes, the property benefits from strong pedestrian and vehicular traffic, excellent visibility, and a dense surrounding residential population with significant purchasing power. A rare opportunity to acquire a quality income-producing retail asset in a highly desirable Toronto location with strong long-term investment potential. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 114 days on market, against an average age of 52 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 retail in Toronto (Bedford Park-Nortown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,199,000, about 13.4× the local median household income of $164,000.
Carrying it typically needs a household income of about $429,542 (20% down, 25-yr amortization, stress-tested) — roughly 162% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5M)
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