$3,400,000

For sale

Book a showing

458 Markham Street, Toronto (Palmerston-Little Italy) - Retail for Sale

458 Markham Street, Toronto (Palmerston-Little Italy), Ontario, M6G2L2

5 beds7 baths4 parking4,427 ft²24 × 125 ft (3,000 sq ft) lot sizeListed 134 days ago

Overview

This retail property in Toronto is for sale offering roughly 4,427 sq ft of space.

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

Description

Professionals or Investors. Main floor DENTAL OFFICE plus 4 residential units. This grand beauty has been very well maintained and it represents a time of design and construction not seen in generations. There are currently 4 units plus an unoccupied professional dental office which has an entrance on Harbord Street with great exposure and is approximately 1,400 sq. ft. . Located in the heart of the Annex, you are right along Harbord Street at Markham and only steps to Bathurst, Bloor street nd the subway. This is a perfect live/work space or investment opportunity. Over 4,200 square feet, the building was extensively renovated in 1990 and the roof was fully replaced 2 years ago. There is parking at the rear with easy access off Harbord St. This bustling neighborhood attracts people who want a beautiful downtown area with character, architecturally beautiful homes from the early 1900's and super convenient access to downtown, U of T and hospital row. Currently there are 2-two bedroom units, 1-one bedroom unit and a bachelor unit. Three of the units have their own balconies. The basement is a high and very dry basement with a separate entrance, storage and a laundry area for the dental clinic. Plans currently exist to convert the dental office into 2 more residential units. (id:66096)

Property Details

MLS®: C13482698
Property Type: Retail
Zoning: res
Bedrooms: 5
Bathrooms: 7
Parking: 4
Interior Size: 4,427 ft²
Lot Size: 24 × 125 ft (3,000 sq ft)
Frontage: 24 ft
Heating: Radiant heat
Cooling: Partially air conditioned
Property Tax: $18,890/yr
Listed: 134 days ago

Features

Appliances: Washer, Dryer

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

134d

Toronto (Palmerston-Little Italy) listings, avg age

56d

Price / ft²

$768

List price

$3.40M

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 5-bed retail in Toronto (Palmerston-Little Italy) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Set a price alert Book a showing

Listed by RE/MAX HALLMARK REALTY LTD. · SHAWN MICHAEL WHELAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6G)

This home lists at $3,400,000, about 37.4× the local median household income of $91,000.

Carrying it typically needs a household income of about $664,139 (20% down, 25-yr amortization, stress-tested) — roughly 630% above the area median.

Median household income: $91,000
Population: 30,600
Median age: 39.6
Owner / renter: 49% / 51%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6G)

$3,400,000· $768/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →