Overview

This retail property in Toronto is for sale offering roughly 12,314 sq ft of space.

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Description

An incredible opportunity to acquire this highly visible corner property in Toronto's West Junction neighbourhood. With over 12000 sq ft (.283acres) and over 100 ft of frontage, this well-positioned property is ideally suited for a wide variety of uses. Surrounded by several new development projects, including low-rise purpose-built residential, self-storage, retail and medical, this property represents a great addition to any portfolio or is ideal for an end user. The current property is tenanted with decent holding income. (id:66096)

Property Details

MLS®: W13618104
Property Type: Retail
Zoning: CE - Commercial Employment
Bathrooms: 2
Interior Size: 12,314 ft²
Lot Size: 106 × 137 ft (14,477 sq ft)
Frontage: 106 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $27,858.9/yr
Listed: 98 days ago

Features

Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

98d

Toronto (Runnymede-Bloor West Village) listings, avg age

37d

Price / ft²

$345

List price

$4.25M

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 (Runnymede-Bloor West Village) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Area context

Neighbourhood profile (M6S)

This home lists at $4,250,000, about 39.4× the local median household income of $108,000.

Carrying it typically needs a household income of about $830,174 (20% down, 25-yr amortization, stress-tested) — roughly 669% above the area median.

Median household income: $108,000
Population: 34,029
Median age: 41.6
Owner / renter: 68% / 33%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6S)

$4,250,000· $345/ft²

For sale

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Financing

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3513 Dundas Street West, Toronto (Runnymede-Bloor West Village) - Retail for Sale