176 Avenue Road, Toronto (Annex) - Retail for Sale

176 Avenue Road, Toronto (Annex), Ontario, M5R2J1

1 parking1,314 ft²13 × 120 ft (1,600 sq ft) lot sizeListed 275 days ago

Overview

This retail property in Toronto is for sale offering roughly 1,314 sq ft of space.

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Description

Prime investment opportunity! Welcome to 176 Avenue Rd., a versatile property perfect for investors, professionals, or developers. This storefront with an apartment above and parking is ideal for your growing business or portfolio. Investors, unlock the full potential of this prime location with redevelopment and assembly possibilities. (id:66096)

Property Details

MLS®: C12751208
Property Type: Retail
Zoning: CR1.5(c1;r1*2479)
Parking: 1
Interior Size: 1,314 ft²
Lot Size: 13 × 120 ft (1,600 sq ft)
Frontage: 13 ft
Heating: Forced air, Natural gas
Cooling: None
Property Tax: $18,181.61/yr
Listed: 275 days ago

Features

Appliances: Furniture

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

275d

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,294

List price

$1.70M

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 RIGHT AT HOME REALTY · JESSE FARB

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $1,700,000, about 19.8× the local median household income of $86,000.

Carrying it typically needs a household income of about $332,070 (20% down, 25-yr amortization, stress-tested) — roughly 286% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$1,700,000· $1,294/ft²

For sale

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Financing

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