Overview

This retail property in Toronto is for sale offering roughly 3,850 sq ft of space. It has been on the market 14 days, fresher than the Toronto average of 56 days.

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Description

Exceptional opportunity to own an entire mixed-use investment building at 928 Bloor Street West, just steps from Ossington Subway Station. The property features a fully equipped street-level restaurant and two separate, fully renovated residential apartments. The first apartment offers a 2+l-bedroom layout with 1 full bathroom, while the second features a 2 bedroom layout with 1.5 bathrooms. Ideally located along the vibrant Bloor Street West corridor, surrounded by shops, restaurants, cafés and everyday amenities, with excellent TTC access and strong pedestrian traffic. An outstanding opportunity for investors seeking a well located Toronto property with diversified commercial and residential income streams and long term investment potential. (id:66096)

Property Details

MLS®: W14102392
Property Type: Retail
Zoning: Com-Res CR, CR3
Parking: 2
Interior Size: 3,850 ft²
Frontage: 21 ft
Building Area: 3,850 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $19,471.05/yr
Listed: 14 days ago

Market Timing

Days on market

14d

Toronto (Dovercourt-Wallace Emerson-Junction) listings, avg age

56d

Price / ft²

$852

List price

$3.28M

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 (Dovercourt-Wallace Emerson-Junction) has been listed for 14 days, which is 42 days fresher than the city average of 56. Act while there is still low competition.

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Area context

Neighbourhood profile (M6H)

This home lists at $3,280,000, about 39.5× the local median household income of $83,000.

Carrying it typically needs a household income of about $640,699 (20% down, 25-yr amortization, stress-tested) — roughly 672% above the area median.

Median household income: $83,000
Population: 43,730
Median age: 38.4
Owner / renter: 49% / 52%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M6H)

$3,280,000· $852/ft²

For sale

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Financing

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928 Bloor Street West, Toronto (Dovercourt-Wallace Emerson-Junction) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6H)

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