Overview

This retail property in Toronto is for sale offering roughly 5,508 sq ft of space. It has been on the market 29 days, fresher than the Toronto average of 76 days.

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Description

MIXED-USE RETAIL INVESTMENT IN THE HEART OF LEASIDE: 42 ft frontage / 5,508 SF building / 2 commercial units on ground floor / 4 apartments on second floor / roof top sign income. ***** LOCATION: within MTSA / steps from laird LRT station / vibrant LEASIDE community with average household income of $258,000. ***** RETAIL STORES: two retail stores with open layouts, high ceilings and flexible leases for value-add investment or owner use. ***** APARTMENTS: four apartments on second floor / skylights / shared laundry room. ***** BASEMENT: basement shop may be separately leased for additional income. ***** PARKING: double garage at rear plus parking pad for 2 cars / paid parking along Eglinton Ave. E. ***** DEVELOPMENT: MTSA designation / mixed-use land use designation / 6,000+ condo units currently under construction or planned for development in the area. (id:66096)

Property Details

MLS®: C13868936
Property Type: Retail
Zoning: CR
Parking: 4
Interior Size: 5,508 ft²
Lot Size: 42 × 110 ft (4,626 sq ft)
Frontage: 42 ft
Heating: Hot water radiator heat, Natural gas
Cooling: Partially air conditioned
Property Tax: $36,600/yr
Listed: 29 days ago

Market Timing

Days on market

29d

Toronto (Leaside) listings, avg age

76d

Price / ft²

$580

List price

$3.19M

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 (Leaside) has been listed for 29 days, which is 47 days fresher than the city average of 76. Act while there is still low competition.

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Area context

Neighbourhood profile (M4G)

This home lists at $3,195,000, about 24.6× the local median household income of $130,000.

Carrying it typically needs a household income of about $624,095 (20% down, 25-yr amortization, stress-tested) — roughly 380% above the area median.

Median household income: $130,000
Population: 19,598
Median age: 44.4
Owner / renter: 68% / 32%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4G)

$3,195,000· $580/ft²

For sale

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796-800 Eglinton Avenue East, Toronto (Leaside) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M4G)

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