Overview

This retail property in Toronto is for sale offering roughly 1,800 sq ft of space. It has been on the market 1 day, fresher than the Toronto average of 61 days.

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Description

Location, location, location! Excellent opportunity for an owner-operator or investor. High-exposure retail property conveniently located near Highways 401 and 400, Allen Road, the new hospital, Yorkdale Shopping Centre, and numerous amenities.The main floor features two separate entrances and is currently used as a natural medicine and acupuncture clinic and a beauty salon. The renovated upper-level apartment offers two bedrooms, an updated kitchen and washroom, laminate flooring, and ceramic tile. Extensive renovations were completed in 2013. A must-see property with excellent potential. Non-retrofit. (id:66096)

Property Details

MLS®: W14142300
Property Type: Retail
Zoning: Commercial/Residential
Interior Size: 1,800 ft²
Lot Size: 25 × 123 ft (3,071 sq ft)
Frontage: 25 ft
Heating: Hot water radiator heat, Natural gas
Cooling: None
Property Tax: $9,600/yr
Listed: Yesterday

Market Timing

Days on market

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

61d

Price / ft²

$667

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 1 day, which is 60 days fresher than the city average of 61. Act while there is still low competition.

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Area context

Neighbourhood profile (M3K)

This home lists at $1,199,900, about 13.6× the local median household income of $88,000.

Carrying it typically needs a household income of about $234,382 (20% down, 25-yr amortization, stress-tested) — roughly 166% 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)

$1,199,900· $667/ft²

For sale

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Financing

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

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M3K)

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