602 The Queensway Way, Toronto (Stonegate-Queensway), Ontario, M8Y1K1
This office property in Toronto is for sale offering roughly 1,800 sq ft of space.
No similar listings for sale right now.
$2,388,000
Toronto
Investors, Opportunity In Prime Location - Right On The Queensway! Development opportunity with great exposure, foot traffic and high visibility. For an individual who is an investor, substantial income may be derived from Tenants. future, Ideal for Builders, Retail store, Financial Office, dentist office, Architect, Insurance, Etc. Standalone Building With Plenty 6 Parking space. The property has been leased to Montessori school for over 20 years . The lease will be extended for an additional three years in the near future. Please refrain from entering the school premises directly, as we do not wish to cause any disturbance to the tenant or the children at the school. The property is for Sale not the business. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 348 days on market, against an average age of 51 days across the listings currently for sale in this city
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.
This office in Toronto (Stonegate-Queensway) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $2,388,000, about 26.2× the local median household income of $91,000.
Carrying it typically needs a household income of about $466,460 (20% down, 25-yr amortization, stress-tested) — roughly 413% above the area median.
Source: Statistics Canada, 2021 Census (FSA M8Y)
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