Description

1,627 SF Open-Concept Space Featuring Exposed Ceilings at 17'8 Clear Height. Prime Ground-Floor Commercial Condo Opportunity. Own a Loft Style Unit In The Heart Of Toronto, Between The Fashion and Entertainment Districts. Currently Operating as a High-end Barber Shop. Floor to Ceiling Windows, with Lots of Natural Light. Perfect for Retail, Office, Medical, Service and Studio Users. Steps from Queen West, King West, TTC Access, Restaurants, and Hotels. (id:66096)

Property Details

MLS®: C13799080
Property Type: Retail
Business Type: Service
Zoning: CRE (X76)
Interior Size: 1,627 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $13,997.18/yr
Listed: 48 days ago

Market Timing

Days on market

48d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,014

List price

$1.65M

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 (Waterfront Communities) has been listed for 48 days, which is 9 days fresher than the city average of 57. Act while there is still low competition.

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Area context

Neighbourhood profile (M5V)

This home lists at $1,650,000, about 18.1× the local median household income of $91,000.

Carrying it typically needs a household income of about $322,303 (20% down, 25-yr amortization, stress-tested) — roughly 254% 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)

$1,650,000· $1,014/ft²

For sale

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Financing

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#103 477 Richmond Street West, Toronto (Waterfront Communities) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M5V)

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