$1,799,000

For sale

831 Queen Street West, Toronto (Trinity-Bellwoods) - Retail for Sale

831 Queen Street West, Toronto (Trinity-Bellwoods), Ontario, M6J1G1

2,037 ft²13 × 98 ft (1,219 sq ft) lot sizeListed 27 days ago

Overview

This retail property in Toronto is for sale offering roughly 2,037 sq ft of space. It has been on the market 27 days, fresher than the Toronto average of 50 days.

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Description

Prime mixed-use investment and end-user opportunity in Toronto's highly coveted Trinity-Bellwoods neighbourhood. Located along the vibrant West Queen West corridor, this property features a renovated ground-floor commercial storefront with vacant possession available for end users, and a renovated, leased second-floor residential unit with a private walk-out balcony. Surrounded by some of the city's most popular restaurants, cafés, boutiques, and lifestyle amenities, the property benefits from excellent pedestrian traffic and convenient TTC streetcar access. An exceptional opportunity for investors and owner-occupiers to acquire a desirable mixed-use property in one of Toronto's most sought-after neighbourhoods. (id:66096)

Property Details

MLS®: C13878114
Property Type: Retail
Zoning: CR3(c1.5;r2.5*1770)
Interior Size: 2,037 ft²
Lot Size: 13 × 98 ft (1,219 sq ft)
Frontage: 13 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $18,651.2/yr
Listed: 27 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

Toronto (Trinity-Bellwoods) listings, avg age

50d

Price / ft²

$883

List price

$1.80M

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 (Trinity-Bellwoods) has been listed for 27 days, which is 23 days fresher than the city average of 50. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · JULIE SEO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $1,799,000, about 20.0× the local median household income of $90,000.

Carrying it typically needs a household income of about $351,408 (20% down, 25-yr amortization, stress-tested) — roughly 290% 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)

$1,799,000· $883/ft²

For sale

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Financing

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