$1,288,000
Toronto
2 Collinsgrove Road, Toronto (West Hill), Ontario, M1E3S4
This office property in Toronto is for sale offering roughly 1,500 sq ft of space. It has been on the market 1 day, fresher than the Toronto average of 60 days.
CR-Zoned 50 x 200 Ft Lot in an Established Commercial Area | Renovated Detached Bungalow | Parking for 10+. Attention business owners, professionals and investors! 2 Collinsgrove Rd sits on a 50 x 200 ft lot zoned CR (Commercial Residential) in an established retail area near Lawrence Ave E and Morningside Ave. Permitted uses under the CR zone include office, medical office/clinic, personal service shop, massage therapy, wellness centre, education use, artist or production studio, and software development (buyer to verify permitted uses, conditions and change-of-use requirements with the City). The deep lot provides on-site parking for approx. 10 vehicles for clients, staff or a fleet. It's minutes to UTSC, Centennial College and Hwy 401, with TTC at your doorstep. Extensively renovated 2023-2026, it generates income or serves your operations from day one. Upgrades include new electrical wiring, whole-house plumbing and a new sewer line to the city connection (all 2024), a new asphalt driveway and concrete walkway (2026), a roof from 2019 and A/C from 2023. Each level has its own appliances and laundry. Hold for income today with long-term upside! (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 1 day on market, against an average age of 60 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 office in Toronto (West Hill) has been listed for 1 day, which is 59 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,288,000, about 15.7× the local median household income of $82,000.
Carrying it typically needs a household income of about $251,591 (20% down, 25-yr amortization, stress-tested) — roughly 207% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1E)
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