This retail property in Toronto is for sale offering roughly 6,318 sq ft of space. It has been on the market 33 days, fresher than the Toronto average of 56 days.

Description

Overlooking park. Pharmacy located on ground floor, doctors office on second floor. Strong rent roll. Exceptional opportunity to own an upscale 3-storey commercial medical building in sought-after Palmerston-Little Italy. Approx. 6,318 sq. ft. of leasable space plus a fully finished, rented basement, with 2 parking spaces. Vacant third floor offers immediate occupancy or leasing potential. Steps to Christie Pits, TTC, Christie Subway Station, restaurants, cafés and shops. Seller open to creative financing and customizing/renovating the property to suit the buyer's needs prior to closing. A rare downtown Toronto investment opportunity. (id:66096)

Property Details

MLS®: C13857652
Property Type: Retail
Business Type: Personal Services
Zoning: CR3 (c1;r2.5)81570)
Interior Size: 6,318 ft²
Lot Size: 24 × 127 ft (3,048 sq ft)
Frontage: 24 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $38,333/yr
Listed: 33 days ago

Market Timing

Days on market

33d

Toronto (Palmerston-Little Italy) listings, avg age

56d

Price / ft²

$752

List price

$4.75M

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 (Palmerston-Little Italy) has been listed for 33 days, which is 23 days fresher than the city average of 56. Act while there is still low competition.

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Area context

Neighbourhood profile (M6G)

This home lists at $4,750,000, about 52.2× the local median household income of $91,000.

Carrying it typically needs a household income of about $927,841 (20% down, 25-yr amortization, stress-tested) — roughly 920% above the area median.

Median household income: $91,000
Population: 30,600
Median age: 39.6
Owner / renter: 49% / 51%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6G)

$4,750,000· $752/ft²

For sale

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799 Bloor Street West, Toronto (Palmerston-Little Italy) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6G)

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