$1,749,900

$1,799,000For salePrice drop↓ $49,100 (3%)

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161 Winchester Street, Toronto (Cabbagetown-South St. James Town) - Retail for Sale

161 Winchester Street, Toronto (Cabbagetown-South St. James Town), Ontario, M4X1B5

2 parking2,856 ft²28 × 80 ft (2,263 sq ft) lot sizeListed 163 days ago

Overview

This retail property in Toronto is for sale offering roughly 2,856 sq ft of space.

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Description

Rare opportunity to own a truly unique mixed-use corner property in the heart of Cabbagetown, directly across from Riverdale Park and Riverdale Farm. This character-filled property features a functioning main floor corner commercial space currently operating as a well-established ice cream/snack bar, along with two separate and self-contained one-bedroom residential units known as the Loft and the Cottage. The property also offers two private decks and a large backyard, creating exceptional outdoor space rarely found in the city. A landmark location with incredible charm, strong visibility, and income in one of Toronto's most sought-after neighbourhoods. Steps to parks, transit, local shops, and downtown amenities. An exceptional opportunity for investors, end users, or those seeking a unique live/work property. Parking Currently Not In Use. (id:66096)

Property Details

MLS®: C13171750
Property Type: Retail
Zoning: R(d1*851)
Parking: 2
Interior Size: 2,856 ft²
Lot Size: 28 × 80 ft (2,263 sq ft)
Frontage: 28 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $14,779.05/yr
Listed: 163 days ago

Features

Appliances: Dishwasher, Dryer, Window Coverings, Two Washers, Water Heater
Lot Features: Irregular lot size

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

163d

Toronto (Cabbagetown-South St. James Town) listings, avg age

56d

Price / ft²

$613

List price

$1.75M

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 (Cabbagetown-South St. James Town) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA · RICHARD SILVER

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4X)

This home lists at $1,749,900, about 29.8× the local median household income of $58,800.

Carrying it typically needs a household income of about $341,817 (20% down, 25-yr amortization, stress-tested) — roughly 481% above the area median.

Median household income: $58,800
Population: 19,896
Median age: 39.2
Owner / renter: 15% / 85%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M4X)

$1,749,900· $613/ft²

For sale

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