Overview

This retail property in Toronto is for sale offering roughly 880 sq ft of space.

Retail Space for Sale in Toronto →All real estate in Toronto →

Description

Sophisticated, high-end commercial office in the heart of Torontos Entertainment District. Featuring custom glass walls, marble flooring, granite counters, and a fully equipped modern kitchen, this beautifully finished space is perfect for professionals seeking both style and function. Exceptional visibility and walk-in traffic, around the corner from Soho, Bisha Hotel and steps from the Ritz-Carlton. Everything top of the line. Surrounded by luxury condos and tourist hotspots. An unbeatable location for business success. (id:66096)

Property Details

MLS®: C13099402
Property Type: Retail
Zoning: Commercial
Bathrooms: 1
Parking: 1
Interior Size: 880 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $12,502.8/yr
Listed: 181 days ago

Market Timing

Days on market

181d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$2,044

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

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Area context

Neighbourhood profile (M5V)

This home lists at $1,799,000, about 19.8× the local median household income of $91,000.

Carrying it typically needs a household income of about $351,408 (20% down, 25-yr amortization, stress-tested) — roughly 286% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$1,799,000· $2,044/ft²

For sale

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Financing

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#101 263 Wellington Street, Toronto (Waterfront Communities) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M5V)

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