This retail property in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 1 day, fresher than the Toronto average of 66 days.

Description

An exceptional opportunity to acquire a high-profile property along the vibrant Weston Road corridor. Boasting outstanding street exposure and significant daily traffic, 2187 Weston Road is ideally positioned 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 property may be acquired individually or assembled with neighbouring properties at 2181 and 2183 Weston Road, creating an exciting opportunity for a larger-scale redevelopment. A rare chance to secure a strategic foothold in a well-travelled corridor with significant long-term upside. Buyer to conduct their own due diligence regarding zoning, permitted uses and redevelopment potential. (id:66096)

Property Details

MLS®: W14144658
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial Retail
Interior Size: 950 ft²
Lot Size: 13 × 99 ft (1,263 sq ft)
Frontage: 13 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $3,922.59/yr
Listed: Yesterday

Market Timing

Days on market

Toronto (Weston) listings, avg age

66d

Price / ft²

$684

List price

$650K

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 1 day, which is 65 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 $650,000, about 9.4× the local median household income of $69,500.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 83% 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)

$650,000· $684/ft²

For sale

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Financing

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2187 Weston Road, Toronto (Weston) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M9N)

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