$2,990,000
Toronto
2819 Lake ashore Boulevard, Toronto (New Toronto), Ontario, M8V1H6
This retail property in Toronto is for sale offering roughly 5,600 sq ft of space.
A rare duplex property with upper and lower floors, a rare opportunity not to be missed. Located in a busting area, it delivers excellent investment returns. The main floor spans over 3,000 square feet and currently operates as a wellness center. It features 9 rooms, two restrooms, one shower room, a kitchen and a spacious lobby. The second floor contains three rental suites available for long-term lease, all well-maintained. One two-bedroom suite with a living room, sunroom, kitchen and bathroom, One one-bedroom suite with a living room, sunroom, kitchen and bathroom, One bachelor unit attached with a sunroom, kitchen and bathroom .Two-year-new roof, & brand new HAVC system. 2 hot water tanks owned. The property boasts an excellent location in a bustling area of Etobicoke, close to the highway, suitable for a wide range of business operations. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 165 days on market, against an average age of 78 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 (New Toronto) 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 $2,990,000, about 37.8× the local median household income of $79,000.
Carrying it typically needs a household income of about $584,052 (20% down, 25-yr amortization, stress-tested) — roughly 639% above the area median.
Source: Statistics Canada, 2021 Census (FSA M8V)
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