Overview

This retail property in Toronto is for sale offering roughly 1,400 sq ft of space. It has been on the market 52 days, fresher than the Toronto average of 56 days.

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Description

Located In The Heart Of Cabbage-Town Neighbourhood, This Property Offer Retail On Main Flr With Basement with pharmacy tenant, Second Floor Residential 2 apartments with one bedroom each with seperated entrance. The two apartments with total new renovation . Main Floor pharmacy with long term lease. Main Floor pay 75% tax and 75% insurance. Offer great income abou $80K Net Income. Offer four Parkings In The Rear. New Roof 2023, New AC and Furnace 2023 and New Renovation for inside of the whole building 2023. Great Investment for investor. SHow and sell. Motived seller. Offer any time (id:66096)

Property Details

MLS®: C13778202
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial
Bathrooms: 2
Parking: 2
Interior Size: 1,400 ft²
Frontage: 14 ft
Building Area: 1,400 ft²
Heating: Hot Water
Cooling: None
Property Tax: $12,314.31/yr
Listed: 52 days ago

Market Timing

Days on market

52d

Toronto (Cabbagetown-South St. James Town) listings, avg age

56d

Price / ft²

$1,063

List price

$1.49M

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 (Cabbagetown-South St. James Town) has been listed for 52 days, which is 4 days fresher than the city average of 56. Act while there is still low competition.

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Area context

Neighbourhood profile (M5A)

This home lists at $1,488,800, about 21.0× the local median household income of $71,000.

Carrying it typically needs a household income of about $290,815 (20% down, 25-yr amortization, stress-tested) — roughly 310% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$1,488,800· $1,063/ft²

For sale

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Financing

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461 Parliament Street, Toronto (Cabbagetown-South St. James Town) - Retail for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (M5A)

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