This retail property in Toronto is for sale offering roughly 1,982 sq ft of space. It has been on the market 35 days, fresher than the Toronto average of 81 days.

Description

AAA Centre Ice Chinatown location adjacent to the bohemian Kensington Market and global top-20 University of Toronto as well as the highly respected George Brown College and OCADU; ideal for an end-user for your own business (Vacant Possession). (id:66096)

Property Details

MLS®: C13843234
Property Type: Retail
Zoning: CR
Interior Size: 1,982 ft²
Lot Size: 18 × 95 ft (1,741 sq ft)
Frontage: 18 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $29,907/yr
Listed: 35 days ago

Market Timing

Days on market

35d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$807

List price

$1.60M

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 35 days, which is 46 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 $1,599,000, about 26.0× the local median household income of $61,600.

Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 407% 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)

$1,599,000· $807/ft²

For sale

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Financing

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394 Spadina Avenue, Toronto (Kensington-Chinatown) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M5T)

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