This retail property in Toronto is for sale offering roughly 1,627 sq ft of space. It has been on the market 22 days, fresher than the Toronto average of 56 days.

Description

Investment Opportunity On Bloor Street West Near Euclid Avenue. Main Floor Commercial Space Occupied By A Specialty Beverage Retail Tenant, With The Second Floor Tenanted By A Professional Photography Studio. Located Along An Established Commercial Corridor Surrounded By Retail, Restaurants, Professional Services And Neighbourhood Amenities. Within Walking Distance Of Both Bathurst And Christie TTC Subway Stations. (id:66096)

Property Details

MLS®: C14029672
Property Type: Retail
Zoning: CR2.5(c1;r2*1438)
Interior Size: 1,627 ft²
Lot Size: 25 × 35 ft (869 sq ft)
Frontage: 24 ft
Heating: Baseboard heaters
Cooling: Partially air conditioned
Property Tax: $19,028.4/yr
Listed: 22 days ago

Market Timing

Days on market

22d

Toronto (Palmerston-Little Italy) listings, avg age

56d

Price / ft²

$1,223

List price

$1.99M

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 (Palmerston-Little Italy) has been listed for 22 days, which is 34 days fresher than the city average of 56. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (M6G)

This home lists at $1,990,000, about 21.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $388,717 (20% down, 25-yr amortization, stress-tested) — roughly 327% above the area median.

Median household income: $91,000
Population: 30,600
Median age: 39.6
Owner / renter: 49% / 51%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6G)

$1,990,000· $1,223/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 →

621 BLOOR Street West, Toronto (Palmerston-Little Italy) - Retail for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6G)

Book a showing

Need a commercial mortgage?