Overview

This retail property in Toronto is for sale offering roughly 1,641 sq ft of space. It has been on the market 21 days, fresher than the Toronto average of 49 days.

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Description

Fully renovated, turnkey mixed-use investment property in prime West Queen West. Featuring a ground-floor commercial unit, second-floor residential apartment with private patio, and rear double garage. Fully leased with strong tenants. Steps to Trinity Bellwoods Park, restaurants, boutiques and transit. Excellent income-producing investment opportunity. (id:66096)

Property Details

MLS®: C14030642
Property Type: Retail
Zoning: CR3(c1.5;r2.5*1770)
Parking: 2
Interior Size: 1,641 ft²
Lot Size: 19 × 96 ft (1,833 sq ft)
Frontage: 19 ft
Heating: Hot water radiator heat, Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $21,449.23/yr
Listed: 21 days ago

Market Timing

Days on market

21d

Toronto (Niagara) listings, avg age

49d

Price / ft²

$1,213

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 (Niagara) has been listed for 21 days, which is 28 days fresher than the city average of 49. Act while there is still low competition.

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Area context

Neighbourhood profile (M6J)

This home lists at $1,990,000, about 22.1× the local median household income of $90,000.

Carrying it typically needs a household income of about $388,717 (20% down, 25-yr amortization, stress-tested) — roughly 332% above the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$1,990,000· $1,213/ft²

For sale

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Financing

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715 Queen Street West, Toronto (Niagara) - Retail for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6J)

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