$1,195,000

For sale

744-746 Wilson Avenue, Toronto (Downsview-Roding-CFB) - Retail for Sale

744-746 Wilson Avenue, Toronto (Downsview-Roding-CFB), Ontario, M3K1E2

3 baths4 parking2,314 ft²Listed 28 days ago

Overview

This retail property in Toronto is for sale offering roughly 2,314 sq ft of space. It has been on the market 28 days, fresher than the Toronto average of 61 days.

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

Description

Great Opportunity To Buy Income Producing Property! This Property Represents An Outstanding Investment Opportunity, A Versatile Mixed-Use Property Rare For Both End Users And Investors. Property Is Located In A High Traffic Area With 4 Parking Spaces. The Upper Level Features Two Spacious Bedroom, One Bath, Spacious Living Room And A Kitchen, Perfect For Those Looking To Live And Run A Business In One Location Or An Investor. The Main Floor Features A High Exposure Retail Storefront That Offers Excellent Visibility In A Busy Plaza Surrounded By Businesses. The Finished Basement, Add More Value With 1 Bedroom, 2 Washroom (1 His, 1 Her) Currently Occupied By A Tenant (Running A Business), With No Lease, Idea For Additional Income. Separate Hydro Meters In Each Unit - Upstairs And Lower Level. Conveniently Located With TTC Stop In The Front, Mins From Hwy 401, Yorkdale Mall, Wilson Subway Station, School, Humber River Hospital & Other Amenities. (id:66096)

Property Details

MLS®: W13871446
Property Type: Retail
Zoning: Commercial/Residential
Bathrooms: 3
Parking: 4
Interior Size: 2,314 ft²
Frontage: 19 ft
Building Area: 2,314 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $9,983.39/yr
Listed: 28 days ago

Features

Appliances: Washer, Dishwasher, Dryer, Microwave

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

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

61d

Price / ft²

$516

List price

$1.20M

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 28 days, which is 33 days fresher than the city average of 61. Act while there is still low competition.

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Listed by CENTURY 21 PERCY FULTON LTD. · FLORENCE OLUKEMI ADEBAYO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3K)

This home lists at $1,195,000, about 13.6× the local median household income of $88,000.

Carrying it typically needs a household income of about $233,425 (20% down, 25-yr amortization, stress-tested) — roughly 165% 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)

$1,195,000· $516/ft²

For sale

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Financing

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