This retail property in Toronto is for sale offering roughly 1,374 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 66 days.

Description

An exceptional opportunity to acquire a prominent property along the high-traffic Weston Road corridor. 2181-2183 Weston Road offers outstanding street exposure and a strategic position within an established and evolving Toronto neighbourhood, surrounded by residential communities, local businesses, retail amenities and excellent connectivity to major transportation routes. Offering tremendous potential for investors, developers and end users alike, the properties may be acquired individually or in conjunction with neighbouring 2187 Weston Road as part of a larger land assembly. An exciting opportunity to secure a significant footprint along a well-travelled commercial corridor with compelling long-term investment and redevelopment potential. Buyer to conduct their own due diligence regarding zoning, permitted uses and redevelopment opportunities. (id:66096)

Property Details

MLS®: W14144838
Property Type: Retail
Zoning: Commercial Retail
Interior Size: 1,374 ft²
Lot Size: 27 × 97 ft (2,583 sq ft)
Frontage: 27 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $10,110.11/yr
Listed: Today

Market Timing

Days on market

Toronto (Weston) listings, avg age

66d

Price / ft²

$800

List price

$1.10M

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 (Weston) has been listed for 0 days, which is 66 days fresher than the city average of 66. Act while there is still low competition.

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Area context

Neighbourhood profile (M9N)

This home lists at $1,099,000, about 15.8× the local median household income of $69,500.

Carrying it typically needs a household income of about $214,673 (20% down, 25-yr amortization, stress-tested) — roughly 209% above the area median.

Median household income: $69,500
Population: 26,059
Median age: 39.6
Owner / renter: 42% / 58%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M9N)

$1,099,000· $800/ft²

For sale

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Financing

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2181-2183 Weston Road, Toronto (Weston) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M9N)

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