$1,599,000
Toronto
641 St Clair Avenue West, Toronto (Wychwood), Ontario, M6C1A7
This retail property in Toronto is for sale offering roughly 2,134 sq ft of space. It has been on the market 48 days, fresher than the Toronto average of 58 days.
One building. Two distinct spaces. A mixed-use property on St. Clair West that offers the flexibility to create, operate, invest or combine business and residential use. The ground floor features a glazed storefront with an open plan and strong street presence, well suited to retail, office, studio, wellness, private practice or professional use. Direct access to the full lower level extends the functional footprint, providing additional space for storage, operations or other supporting uses. At the rear, laneway access and parking add practicality. Above, a self-contained two-bedroom apartment creates a separate residential component, with a full kitchen, open living space, generous natural light and walkout to the roof. The separation between the two floors allows each to function independently, while also lending itself naturally to an owner occupier looking to bring business and residential use together at one address. Offered fully vacant, 641 St Clair West provides the opportunity to shape both commercial and residential spaces separately or explore a broader repositioning of the property over time. Located along an established stretch of St. Clair West, the property draws from surrounding neighbourhoods of Wychwood, Humewood and Casa Loma. Independent shops, cafés, restaurants, and long standing businesses contribute to an active main artery, with everyday amenities, transit and Wychwood Barns all nearby. A flexible urban property with commercial presence at street level, residential space above and the ability to decide what comes next. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 58 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 retail in Toronto (Wychwood) has been listed for 48 days, which is 10 days fresher than the city average of 58. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,599,000, about 17.6× the local median household income of $91,000.
Carrying it typically needs a household income of about $312,341 (20% down, 25-yr amortization, stress-tested) — roughly 243% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6C)
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