Overview

This industrial property in Toronto is for sale offering roughly 16,151 sq ft of space. It has been on the market 49 days, fresher than the Toronto average of 65 days.

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Description

Two Freestanding industrial properties in Lawrence and Keele area, comprised of two adjacent parcels at 25 & 29 Milford Avenue (two municipal addresses, two separate PINs - to be sold together). 140.18' of Frontage. Vacant possession can be provided, ideal for owner-users seeking immediate occupancy with future flexibility or passive investor. Easy access to 401, 400, DVP, 427. Additional Photos, Floor Plans, Financials, and Data available. (id:66096)

Property Details

MLS®: W13794644
Property Type: Industrial
Zoning: E1 (Employment Industrial)
Bathrooms: 2
Interior Size: 16,151 ft²
Lot Size: 80 × 250 ft (19,922 sq ft)
Frontage: 80 ft
Heating: Radiant heat
Cooling: Fully air conditioned
Property Tax: $25,235/yr
Listed: 49 days ago

Market Timing

Days on market

49d

Toronto (Brookhaven-Amesbury) listings, avg age

65d

Price / ft²

$427

List price

$6.90M

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 industrial in Toronto (Brookhaven-Amesbury) has been listed for 49 days, which is 16 days fresher than the city average of 65. Act while there is still low competition.

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Area context

Neighbourhood profile (M6M)

This home lists at $6,900,000, about 96.5× the local median household income of $71,500.

Carrying it typically needs a household income of about $1,347,812 (20% down, 25-yr amortization, stress-tested) — roughly 1785% above the area median.

Median household income: $71,500
Population: 42,148
Median age: 40
Owner / renter: 46% / 54%
Avg. household size: 2.6

Source: Statistics Canada, 2021 Census (FSA M6M)

$6,900,000· $427/ft²

For sale

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Financing

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25 & 29 Milford Avenue, Toronto (Brookhaven-Amesbury) - Industrial for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6M)

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