This retail property in Toronto is for sale offering roughly 2,400 sq ft of space. It has been on the market 44 days, fresher than the Toronto average of 60 days.

Description

Rare opportunity to own a mixed-use property in the heart of Downtown Toronto. Featuring a ground-floor retail space with excellent Yonge Street exposure and two self-contained 2-bedroom residential units above, this property offers strong income potential and a diversified revenue stream. Steps to TTC transit, universities, hospitals, and major employment centres, the property benefits from exceptional pedestrian traffic and a highly desirable downtown location. Ideal for investors, owner-users, or those seeking long-term growth in one of Toronto's most established commercial corridors. (id:66096)

Property Details

MLS®: C13812120
Property Type: Retail
Zoning: Comm/Res
Interior Size: 2,400 ft²
Lot Size: 16 × 100 ft (1,583 sq ft)
Frontage: 16 ft
Heating: Forced air
Cooling: Partially air conditioned
Garage: Other
Property Tax: $41,865.99/yr
Listed: 44 days ago

Market Timing

Days on market

44d

Toronto (Bay Street Corridor) listings, avg age

60d

Price / ft²

$1,167

List price

$2.80M

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 (Bay Street Corridor) has been listed for 44 days, which is 16 days fresher than the city average of 60. Act while there is still low competition.

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Area context

Neighbourhood profile (M4Y)

This home lists at $2,800,000, about 44.9× the local median household income of $62,400.

Carrying it typically needs a household income of about $546,938 (20% down, 25-yr amortization, stress-tested) — roughly 777% above the area median.

Median household income: $62,400
Population: 36,319
Median age: 33.2
Owner / renter: 29% / 72%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA M4Y)

$2,800,000· $1,167/ft²

For sale

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Financing

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666 Yonge Street, Toronto (Bay Street Corridor) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M4Y)

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