Overview

This retail property in Toronto is for sale offering roughly 4,800 sq ft of space.

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

Description

PRIME COMMERCIAL PROPERTY & ESTABLISHED CONVENIENCE STORE FOR SALEExceptional opportunity to acquire both a prime commercial property and a well-established convenience store business that has served the local community for over 25 years.Situated on a prominent 40' x 120' corner lot, this income-producing property offers excellent exposure, strong visibility, and consistent pedestrian and vehicle traffic. The property features a main-floor retail space, a spacious 3-bedroom residential unit of approximately 1,300 sq. ft. on the second floor, a full-sized basement, and an additional detached 2-bedroom unit at the rear, providing multiple potential income streams.Surrounded by high-density residential development and located within a desirable school district, the property offers convenient access to public transit, The Queensway, Gardiner Expressway, QEW, and downtown Toronto. Street parking is available directly in front of the property. (id:66096)

Property Details

MLS®: W13767900
Property Type: Retail
Zoning: RD (f13.5;a510;d0.45)
Interior Size: 4,800 ft²
Lot Size: 40 × 120 ft (4,800 sq ft)
Frontage: 40 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Other
Property Tax: $15,000/yr
Listed: 55 days ago

Market Timing

Days on market

55d

Toronto (Stonegate-Queensway) listings, avg age

51d

Price / ft²

$458

List price

$2.20M

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 (Stonegate-Queensway) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Set a price alert Book a showing

Area context

Neighbourhood profile (M8Y)

This home lists at $2,198,000, about 24.2× the local median household income of $91,000.

Carrying it typically needs a household income of about $429,346 (20% down, 25-yr amortization, stress-tested) — roughly 372% above the area median.

Median household income: $91,000
Population: 21,986
Median age: 40.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M8Y)

$2,198,000· $458/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

237 Park Lawn Road, Toronto (Stonegate-Queensway) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M8Y)

Book a showing

Need a commercial mortgage?