This retail property in Toronto is for sale offering roughly 1,744 sq ft of space. It has been on the market 28 days, fresher than the Toronto average of 81 days.

Description

Rare found Store with Apartment with Detached Garage in downtown Toronto. Located in the heart of Toronto's Kensington Market Community; Huge potential for redevelopment. All Fixtures & Chattels will be "as is" only. Buyers to perform due diligence. Tenants could be assumed or vacated. Properties are being sold as is, where is. Please note: #27 Kensington And #29 Kensington preferred to be sold together (please refer to MLS ). (id:66096)

Property Details

MLS®: C13872118
Property Type: Retail
Zoning: Cr2 (Commercial / Residential)
Interior Size: 1,744 ft²
Lot Size: 17 × 105 ft (1,755 sq ft)
Frontage: 17 ft
Heating: Forced air, Natural gas
Cooling: None
Property Tax: $14,800/yr
Listed: 28 days ago

Market Timing

Days on market

28d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$688

List price

$1.20M

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 (Kensington-Chinatown) has been listed for 28 days, which is 53 days fresher than the city average of 81. Act while there is still low competition.

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Area context

Neighbourhood profile (M5T)

This home lists at $1,200,000, about 19.5× the local median household income of $61,600.

Carrying it typically needs a household income of about $234,402 (20% down, 25-yr amortization, stress-tested) — roughly 281% above the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$1,200,000· $688/ft²

For sale

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Financing

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29 Kensington Avenue, Toronto (Kensington-Chinatown) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M5T)

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