Description

Heart Of Cabbagetown Investment Opportunity In Prime Location At The Corner Of Parliament & Prospect St. A Very Successful Tacos (1F), Two Apartments (2F). Approx. $86,400/year Income without TMI For The Investment. Must See! (id:66096)

Property Details

MLS®: C13807098
Property Type: Retail
Zoning: CR2
Interior Size: 2,290 ft²
Frontage: 15 ft
Building Area: 2,290 ft²
Heating: Baseboard heaters
Cooling: None
Property Tax: $13,397/yr
Listed: 45 days ago

Market Timing

Days on market

45d

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

56d

Price / ft²

$721

List price

$1.65M

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 45 days, which is 11 days fresher than the city average of 56. Act while there is still low competition.

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Area context

Neighbourhood profile (M4X)

This home lists at $1,650,000, about 28.1× the local median household income of $58,800.

Carrying it typically needs a household income of about $322,303 (20% down, 25-yr amortization, stress-tested) — roughly 448% above the area median.

Median household income: $58,800
Population: 19,896
Median age: 39.2
Owner / renter: 15% / 85%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M4X)

$1,650,000· $721/ft²

For sale

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Financing

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556 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 (M4X)

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