$989,000

For sale

684 Wilson Avenue, Toronto (Downsview-Roding-CFB) - Retail for Sale

684 Wilson Avenue, Toronto (Downsview-Roding-CFB), Ontario, M3K1E1

1,600 ft²17 × 122 ft (2,080 sq ft) lot sizeListed 43 days ago

Overview

This retail property in Toronto is for sale offering roughly 1,600 sq ft of space. It has been on the market 43 days, fresher than the Toronto average of 61 days.

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Description

Prime Mixed- Use Commercial and Residential Investment Opportunity at Dufferin/Wilson! This versatile well maintained property offers approximately 800 sq.ft. of main -floor commercial space plus a fully finished basement, providing excellent flexibility for a variety of retail, office, or service-related uses. The main-floor commercial space, currently operating as a spa/salon. The approximately 800 sq.ft second-floor residential unit includes a living/dining area, full kitchen, 2 bedrooms, and a 3-piece bathroom. Parking space at the front add valuable convenience for both the residential and commercial components. Located in a well-connected Toronto neighbourhood with easy access to public transit, TTC and subways services, and major highways including Highway 400 and 401. Conveniently situated near Humber River Hospital, Downsview Park, and Yorkdale Shopping Centre. An excellent opportunity for an investor, owner-operator, or business owner looking for a versatile mixed-use property combining commercial space with residential accommodation. (id:66096)

Property Details

MLS®: W13816184
Property Type: Retail
Zoning: CR1
Interior Size: 1,600 ft²
Lot Size: 17 × 122 ft (2,080 sq ft)
Frontage: 17 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $7,989.48/yr
Listed: 43 days ago

Features

Appliances: All, Window Coverings

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Toronto (Downsview-Roding-CFB) listings, avg age

61d

Price / ft²

$618

List price

$989K

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 (Downsview-Roding-CFB) has been listed for 43 days, which is 18 days fresher than the city average of 61. Act while there is still low competition.

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Listed by SUTTON GROUP-TOWER REALTY LTD. · GUS EL-MOR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3K)

This home lists at $989,000, about 11.2× the local median household income of $88,000.

Carrying it typically needs a household income of about $193,186 (20% down, 25-yr amortization, stress-tested) — roughly 120% above the area median.

Median household income: $88,000
Population: 7,865
Median age: 38.8
Owner / renter: 59% / 41%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3K)

$989,000· $618/ft²

For sale

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Financing

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