This retail property in Toronto is for sale offering roughly 1,010 sq ft of space. It has been on the market 30 days, fresher than the Toronto average of 58 days.

Description

Ideal for investor or end user. Modern 10-year-old commercial condo retail unit located on up-and-coming Rogers Road, offering strong pedestrian and vehicle traffic. Bright ground-floor retail space features approximately 480 sq ft on the main level plus 530 sq ft in the finished basement with a convenient 2-piece washroom. Highlights include a floor-to-ceiling storefront window, tile flooring, pot lights, and rear access to the laneway. Versatile layout suitable for a wide range of permitted uses. Currently leased to an excellent tenant until 2028, providing stable income and long-term security. Explore the possibilities in this growing neighbourhood. (id:66096)

Property Details

MLS®: W13862628
Property Type: Retail
Business Type: Personal Services
Zoning: Commercial- C2
Bathrooms: 1
Interior Size: 1,010 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $6,228/yr
Listed: 30 days ago

Market Timing

Days on market

30d

Toronto (Keelesdale-Eglinton West) listings, avg age

58d

Price / ft²

$718

List price

$725K

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 (Keelesdale-Eglinton West) has been listed for 30 days, which is 28 days fresher than the city average of 58. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (M6N)

This home lists at $725,000, about 9.6× the local median household income of $75,500.

Carrying it typically needs a household income of about $141,618 (20% down, 25-yr amortization, stress-tested) — roughly 88% above the area median.

Median household income: $75,500
Population: 40,252
Median age: 40.8
Owner / renter: 58% / 42%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6N)

$725,000· $718/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 →

475D Rogers Road, Toronto (Keelesdale-Eglinton West) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6N)

Book a showing

Need a commercial mortgage?