2891 Kingston Road, Toronto (Cliffcrest), Ontario, M1M1N3
No similar listings for sale right now.
$1,600,000
Toronto
This retail property in Toronto is for sale offering roughly 2,400 sq ft of space.
Excellent opportunity to own a two-storey commercial property in a high-traffic location at Kingston Road and St. Clair Avenue East. Offering outstanding street exposure, this property is ideal for a variety of business uses, with flexible commercial zoning. The upper level features a two-bedroom apartment with a separate entrance, perfect for additional income or live/work use. Includes fridge and stove. Conveniently located near established businesses, schools, TTC, and just minutes from the Scarborough Bluffs. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 154 days on market, against an average age of 59 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 (Cliffcrest) 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 $1,600,000, about 18.4× the local median household income of $87,000.
Carrying it typically needs a household income of about $312,536 (20% down, 25-yr amortization, stress-tested) — roughly 259% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1M)
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 →