$1,330,000

For sale

33 South Station Street, Toronto (Weston) - Retail for Sale

33 South Station Street, Toronto (Weston), Ontario, M9N2B2

5 baths4 parking2,850 ft²33 × 100 ft (3,304 sq ft) lot sizeListed 49 days ago

Overview

This retail property in Toronto is for sale offering roughly 2,850 sq ft of space. It has been on the market 49 days, fresher than the Toronto average of 65 days.

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Description

Freestanding mixed-use investment property steps to Weston GO/UP Express Station, situated on an expansive 3,293 sq. ft. lot with 33ft. frontage and 100 ft. depth. This well-maintained building features a 500 sq. ft. commercial office space at the front and 4 fully leased residential apartments at the rear, across the main and upper levels (2 bachelor-style unit and 2 one-bedroom apartments). Located in a well-connected area, a short walk from Weston's transit hub, the property offers excellent exposure along a busy commercial strip with convenient access to Highway 401, Humber River Hospital and local amenities, making it a high-demand rental area. A turnkey opportunity for investors looking to add a well-positioned mixed-use asset to their portfolio. (id:66096)

Property Details

MLS®: W13799760
Property Type: Retail
Zoning: CR 2.5 (c2.5; r2.5) (x2572)
Bathrooms: 5
Parking: 4
Interior Size: 2,850 ft²
Lot Size: 33 × 100 ft (3,304 sq ft)
Frontage: 33 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $8,668.82/yr
Listed: 49 days ago

Market Timing

Days on market

49d

Toronto (Weston) listings, avg age

65d

Price / ft²

$467

List price

$1.33M

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 (Weston) has been listed for 49 days, which is 16 days fresher than the city average of 65. Act while there is still low competition.

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Area context

Neighbourhood profile (M9N)

This home lists at $1,330,000, about 19.1× the local median household income of $69,500.

Carrying it typically needs a household income of about $259,796 (20% down, 25-yr amortization, stress-tested) — roughly 274% above the area median.

Median household income: $69,500
Population: 26,059
Median age: 39.6
Owner / renter: 42% / 58%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M9N)

$1,330,000· $467/ft²

For sale

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