$3,300,000

For sale

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1695 AVENUE Road, Toronto (Bedford Park-Nortown) - Retail for Sale

1695 AVENUE Road, Toronto (Bedford Park-Nortown), Ontario, M5M3Y3

3,431 ft²34 × 68 ft (2,314 sq ft) lot sizeListed 115 days ago

Overview

This retail property in Toronto is for sale offering roughly 3,431 sq ft of space.

Retail Space for Sale in Toronto →All real estate in Toronto →

Description

Outstanding mixed-use investment and end-user opportunity in Toronto's desirable Bedford Park neighbourhood. The property includes two ground-floor commercial units, two residential apartments, and a vacant office suite with two private rooms. The insurance office and hair salon are both occupied on month-to-month tenancies. The residential units consist of one bachelor apartment and one one-bedroom apartment, both occupied on month-to-month tenancies. The vacant office offers immediate occupancy or leasing potential, providing exceptional flexibility for investors and end users. Ideally located along the sought-after Avenue Road corridor, just minutes from Highway 401 and surrounded by established retailers, restaurants, medical offices, parks, transit, and other neighbourhood amenities. Adjacent property at 1693 Avenue Rd is also for sale. (id:66096)

Property Details

MLS®: C13556212
Property Type: Retail
Zoning: CR3(c2;r2.8*1543)
Interior Size: 3,431 ft²
Lot Size: 34 × 68 ft (2,314 sq ft)
Frontage: 33 ft
Heating: Hot water radiator heat, Natural gas
Cooling: None
Property Tax: $32,682.86/yr
Listed: 115 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

115d

Toronto (Bedford Park-Nortown) listings, avg age

52d

Price / ft²

$962

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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Listed by RE/MAX ULTIMATE REALTY INC. · JULIE SEO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5M)

This home lists at $3,300,000, about 20.1× the local median household income of $164,000.

Carrying it typically needs a household income of about $644,606 (20% down, 25-yr amortization, stress-tested) — roughly 293% above the area median.

Median household income: $164,000
Population: 25,495
Median age: 43.2
Owner / renter: 76% / 24%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M5M)

$3,300,000· $962/ft²

For sale

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Financing

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