$987,000

For sale

##1 130 Lepage Court, Toronto (York University Heights) - Industrial for Sale

##1 130 Lepage Court, Toronto (York University Heights), Ontario, M3J3J1

2 baths1,725 ft²Listed 15 days ago

Overview

This industrial property in Toronto is for sale offering roughly 1,725 sq ft of space. It has been on the market 15 days, fresher than the Toronto average of 66 days.

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Description

Rarely Offered Corner Industrial Condo Unit! Maximize Your Operational Footprint With This Highly Functional Layout. This Property Offers a 1725 Sq. Ft. Grade-Level Footprint (1175 Sq. Ft. Warehouse And 550 Sq. Ft. For Office/Showroom) PLUS A Bonus 400 Sq. Ft. Mezzanine - 2125 Sq. Ft. Combined. The Unit Has Been Intelligently Split To Allow You To Keep Your Primary Floor Entirely Dedicated To Operations/Manufacturing or Showroom Needs. The 400SF Mezzanine Boasts A Professionally Installed Concrete Slab Floor Allowing For An Additional Private Office And Two Storage Rooms Accessible By Two Permanent Structural Steel Stairs From The Office or Warehouse. First Unit While Driving Into The Complex Allowing For Easy Access with With 18' Ceiling Height, 16' Clear Height, 12' Drive -In Door. The Warehouse Has Epoxy Floors And The Entire Unit Has Been Updated with Bright LEDS Throughout. The Reception Area and Office Are Bright as Windows Wrap Around The Office Area Exposed Unto Greenspace, 2 Washrooms With an Additional Separate Laundry Sink. 5 Total Reserved Parking With (2) at the Front & (3) Back Of Unit, Plus Visitor Parking. Easy Access To Major Highways & To The New Keele/Finch Subway. Well Managed Building, Clean Use Unit. (id:66096)

Property Details

MLS®: W14095644
Property Type: Industrial
Zoning: M3 MoF
Bathrooms: 2
Interior Size: 1,725 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $5,580.14/yr
Listed: 15 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (York University Heights) listings, avg age

66d

Price / ft²

$572

List price

$987K

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 industrial in Toronto (York University Heights) has been listed for 15 days, which is 51 days fresher than the city average of 66. Act while there is still low competition.

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Listed by SUTTON GROUP-ADMIRAL REALTY INC. · ANDREW SANG YOON KIM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M3J)

This home lists at $987,000, about 13.1× the local median household income of $75,500.

Carrying it typically needs a household income of about $192,796 (20% down, 25-yr amortization, stress-tested) — roughly 155% above the area median.

Median household income: $75,500
Population: 26,600
Median age: 36
Owner / renter: 48% / 52%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3J)

$987,000· $572/ft²

For sale

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Financing

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