No similar listings for sale right now.
$1,188,888
Toronto
262 Jane Street, Toronto (Lambton Baby Point), Ontario, M6S3Z2
This retail property in Toronto is for sale offering roughly 2,085 sq ft of space.
Rare opportunity to own a fully operational, income-producing mixed-use property in the heart of Toronto. This property features a thriving dry cleaning plant business with well maintained equipment and a loyal, repeat clientele, providing immediate cash flow. The upper-level apartment offers rental income or convenient live/work arrangements. Situated on high-traffic Jane St and Highly Coveted Baby Point Area. The building enjoys excellent visibility and strong growth potential. All equipment, fixtures, and client accounts are included - turnkey and ready for immediate takeover. Current business can be converted to any other retail store such as cafe, hair salon, lawyer, accounting, medical, dental clinic etc. Asking Price remains the same whether the business is included or not. Ideal for investors or entrepreneurs seeking a profitable, long-term investment in a prime location. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 246 days on market, against an average age of 82 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 retail in Toronto (Lambton Baby Point) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,188,888, about 11.0× the local median household income of $108,000.
Carrying it typically needs a household income of about $232,231 (20% down, 25-yr amortization, stress-tested) — roughly 115% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6S)
Pick a time that suits you. A verified local agent confirms within 24h.
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 →