Overview

This retail property in Toronto is for sale offering roughly 2,120 sq ft of space.

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Description

Operate your thriving catering company from this well located and efficiently-designed professional kitchen. This 1650 square foot commercial kitchen has a 300 square foot retail storefront and excellent delivery access. The space includes two well-maintained walk-in fridges/freezers and a 10-foot commercial ventilation hood. The wide rear alley allows for convenient delivery access and 2-car parking. The recently upgraded street scape provides excellent exposure to drive-by traffic and convenient and accessible customer parking. The quaint upstairs 1-bedroom apartment has a sunny deck and will contribute to the building's income. It may be converted to office space as needed. Full height dry basement for prep areas and storage. (id:66096)

Property Details

MLS®: E13508348
Property Type: Retail
Zoning: CR2.5(c2.5;r1*1163)
Bathrooms: 2
Parking: 2
Interior Size: 2,120 ft²
Lot Size: 17 × 130 ft (2,148 sq ft)
Frontage: 17 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $7,927/yr
Listed: 126 days ago

Market Timing

Days on market

126d

Toronto (O'Connor-Parkview) listings, avg age

48d

Price / ft²

$637

List price

$1.35M

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

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Area context

Neighbourhood profile (M4B)

This home lists at $1,350,000, about 17.3× the local median household income of $78,000.

Carrying it typically needs a household income of about $263,702 (20% down, 25-yr amortization, stress-tested) — roughly 238% above the area median.

Median household income: $78,000
Population: 18,612
Median age: 43.2
Owner / renter: 48% / 52%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4B)

$1,350,000· $637/ft²

For sale

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Financing

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813 O Connor Drive, Toronto (O'Connor-Parkview) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M4B)

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