Overview

This retail property in Toronto is for sale offering roughly 1,100 sq ft of space.

Retail Space for Sale in Toronto →All real estate in Toronto →

Description

Money Making Opportunity!!! CALLING all entrepreneurs, investors, business owners! One of the largest unit on the block. Make money from residential rental income with Upper Level: 4 bedrooms, 1 kitchen, 1 bathroom, 2 separate entrance. Main level offers many possibilities with 1110 sqft retail space for commercial use. There's MORE space with Finished basement 1000+ sqft. for storage/inventory stocking. Ideal location with HIGH foot traffic for retail hospitality, or services businesses. Large front entrance windows for maximum business exposure! Existing local businesses attract repeat customers and long term growth. A rare opportunity in the Junction trendy neighbourhood. Secure this Prime commercial property now, won't last long.The Junction boasts over 200 small businesses making it a Go-To shopping destinations for unique arts and home interiors decors, and tasty restaurants / fun entertainments. (id:66096)

Property Details

MLS®: W13649482
Property Type: Retail
Business Type: Service
Zoning: CR2.5 (c1;r2*2220)
Interior Size: 1,100 ft²
Frontage: 23 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $16,000/yr
Listed: 90 days ago

Market Timing

Days on market

90d

Toronto (Junction Area) listings, avg age

63d

Price / ft²

$2,626

List price

$2.89M

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

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Area context

Neighbourhood profile (M6P)

This home lists at $2,888,888, about 33.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $564,301 (20% down, 25-yr amortization, stress-tested) — roughly 556% above the area median.

Median household income: $86,000
Population: 39,870
Median age: 39.2
Owner / renter: 43% / 58%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA M6P)

$2,888,888· $2,626/ft²

For sale

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Financing

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3052 Dundas Street West, Toronto (Junction Area) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6P)

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