$1,299,000

For sale

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693 The Queensway, Toronto (Stonegate-Queensway) - Retail for Sale

693 The Queensway, Toronto (Stonegate-Queensway), Ontario, M8Y1L2

1 parking1,385 ft²Listed 55 days ago

Overview

This retail property in Toronto is for sale offering roughly 1,385 sq ft of space.

Retail Space for Sale in Toronto →All real estate in Toronto →

Description

PRIME COMMERCIAL CORNER UNIT FOR SALE at REINA CONDOS, This brand-new 1,385 sq. ft. commercial unit positioned at the base of a modern boutique condo with 200+ residential suites. North/West exposure offers plenty of natural light amplified by expansive floor to ceiling windows & soaring ceiling heights. High-visibility street frontage, Immediate QEW access, seamless public transit connections, and hassle-free street parking. The flexible layout ideal for a wide array of uses, including retail storefronts, food & beverage (dine-in or takeout), professional services (law, real estate, mortgage), Medical/Dental, Childcare & educational centres, or a neighbourhood convenience market. Capitalize on this outstanding opportunity in a rapidly growing community. Book your viewing today! (id:66096)

Property Details

MLS®: W13769640
Property Type: Retail
Zoning: Commercial (Multi Use)
Parking: 1
Interior Size: 1,385 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Listed: 55 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Toronto (Stonegate-Queensway) listings, avg age

51d

Price / ft²

$938

List price

$1.30M

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 (Stonegate-Queensway) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CENTURY 21 LEGACY LTD. · PAUL SEKHON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $1,299,000, about 14.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 179% above the area median.

Median household income: $91,000
Population: 21,986
Median age: 40.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M8Y)

$1,299,000· $938/ft²

For sale

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Financing

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