Description

Exceptional Four-Unit Investment OpportunityDiscover this rare multi-unit property in the heart of one of North York's most vibrant and high-demand neighbourhoods. Located on bustling Yonge Street in Willowdale East, this four-unit building offers outstanding income potential, exceptional transit access, and the convenience of a prime urban location just steps from Finch Subway Station. (id:66096)

Property Details

MLS®: C13525558
Property Type: Retail
Zoning: CR
Interior Size: 3,675 ft²
Lot Size: 15 × 111 ft (1,708 sq ft)
Frontage: 16 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $35,530.46/yr
Listed: 121 days ago

Market Timing

Days on market

121d

Toronto (Willowdale East) listings, avg age

55d

Price / ft²

$1,633

List price

$6.00M

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 (M2N)

This home lists at $5,999,900, about 73.2× the local median household income of $82,000.

Carrying it typically needs a household income of about $1,171,990 (20% down, 25-yr amortization, stress-tested) — roughly 1329% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$5,999,900· $1,633/ft²

For sale

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Financing

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5519 Yonge Street, Toronto (Willowdale East) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M2N)

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