Overview

This retail property in Toronto is for sale offering roughly 2,114 sq ft of space.

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Description

Welcome to 1600 Queen Street West and Welcome to Taiaiako'n-Parkdale-High Park!!Well kept and maintained investment property with excellent Triple AAA tenants. Great opportunity to own a turn key investment property. Second floor apartment fully renovated in late 2023, currently tenanted. Seller is willing to install new flooring in the bsmt storage room before the closing date. Motivated seller, make an offer ..... Thank You. (id:66096)

Property Details

MLS®: W13518256
Property Type: Retail
Zoning: CR2.5(c1;r2*1766)
Bedrooms: 2
Interior Size: 2,114 ft²
Lot Size: 16 × 107 ft (1,704 sq ft)
Frontage: 15 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $15,209.12/yr
Listed: 124 days ago

Market Timing

Days on market

124d

Toronto (South Parkdale) listings, avg age

65d

Price / ft²

$792

List price

$1.68M

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 2-bed retail in Toronto (South Parkdale) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Area context

Neighbourhood profile (M6R)

This home lists at $1,675,000, about 16.1× the local median household income of $104,000.

Carrying it typically needs a household income of about $327,186 (20% down, 25-yr amortization, stress-tested) — roughly 215% above the area median.

Median household income: $104,000
Population: 19,349
Median age: 39.2
Owner / renter: 51% / 49%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M6R)

$1,675,000· $792/ft²

For sale

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Financing

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1600 Queen Street West, Toronto (South Parkdale) - Retail for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (M6R)

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