Description

* Reduced for quick sale, Motivated Seller*Steady Income Growth * Great opportunity in the prosperous center of Chinatown. Solid Brick Building For Sale. Fully rent out to 3 well-established business with steady good incomes. Surrounding by bustling various Business, Banks, Restaurants, popular with Tourists foot traffic. Across from underground Parking & steps from 2 TTC Routes 24/7. L/F (1,250SF) Optical shop with street exposure. G/F (1,250F) TCM Herbal store with Lotto 6/49. 2/F (1,500SF) upscale Health-Beauty/Spa. Extra long Lot available for Building Extension. (id:66096)

Property Details

MLS®: C7375784
Property Type: Retail
Zoning: Multi-Use
Bathrooms: 3
Interior Size: 4,000 ft²
Frontage: 17 ft
Building Area: 4,000 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $32,882.02/yr
Listed: 1036 days ago

Market Timing

Days on market

1036d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$750

List price

$3.00M

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

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Area context

Neighbourhood profile (M5T)

This home lists at $2,999,900, about 48.7× the local median household income of $61,600.

Carrying it typically needs a household income of about $585,985 (20% down, 25-yr amortization, stress-tested) — roughly 851% 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)

$2,999,900· $750/ft²

For sale

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Financing

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480 Dundas Street West, Toronto (Kensington-Chinatown) - Retail for Sale

Description

Property Details

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Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M5T)

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