Overview

This retail property in Toronto is for sale offering roughly 1,896 sq ft of space. It has been on the market 37 days, fresher than the Toronto average of 52 days.

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Description

Excellent opportunity to acquire a two-storey mixed-use building on Bloor Street West, just west of Royal York Road and within The Kingsway BIA. The main floor is commercial restaurant space and can be delivered vacant on closing, with a two-bedroom apartment on the second floor. Prime location along a vibrant Bloor West commercial corridor, surrounded by shops, restaurants, cafés, services and established residential neighbourhoods. Short walk to Royal York TTC Subway Station. An excellent opportunity for both investors and end users in one of west Toronto's most established neighbourhoods. (id:66096)

Property Details

MLS®: W13834278
Property Type: Retail
Zoning: CR
Parking: 2
Interior Size: 1,896 ft²
Lot Size: 18 × 105 ft (1,925 sq ft)
Frontage: 18 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $13,030.18/yr
Listed: 37 days ago

Market Timing

Days on market

37d

Toronto (Stonegate-Queensway) listings, avg age

52d

Price / ft²

$1,160

List price

$2.20M

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 (Stonegate-Queensway) has been listed for 37 days, which is 15 days fresher than the city average of 52. Act while there is still low competition.

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Area context

Neighbourhood profile (M8X)

This home lists at $2,199,000, about 15.8× the local median household income of $139,000.

Carrying it typically needs a household income of about $429,542 (20% down, 25-yr amortization, stress-tested) — roughly 209% above the area median.

Median household income: $139,000
Population: 10,624
Median age: 50.8
Owner / renter: 72% / 28%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M8X)

$2,199,000· $1,160/ft²

For sale

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Financing

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3073 Bloor Street West, Toronto (Stonegate-Queensway) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M8X)

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