Overview

This office property in Toronto is for sale offering roughly 727 sq ft of space.

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Description

Fully Finished Office Unit for SALE in a brand-new commercial development located just minutes from Toronto Pearson International Airport and the Toronto Congress Centre. Furnished unit with ample natural light. Close to Major highways: 401, 409, 427, and 27. Office unit designed for professionals seeking both style and functionality, the unit is part of a vibrant commercial hub featuring 8 ground-floor retail units and 105 office suites. The Property offers wide range of professional and commercial uses, with flexible zoning and ample visitor parking on-site. Located in a rapidly growing business district, Regal Plaza offers exceptional visibility and convenience, ideal for Profession Services, Consultants, medical, legal, Tech based businesses. *Property Tax Yet to be assessed as its a new building* (id:66096)

Property Details

MLS®: W13714616
Property Type: Office
Business Type: Other
Zoning: Office
Interior Size: 727 ft²
Heating: Forced air
Cooling: Fully air conditioned
Garage: Other
Listed: 70 days ago

Features

Lot Features: Irregular lot size, Elevator

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Toronto (West Humber-Clairville) listings, avg age

60d

Price / ft²

$670

List price

$487K

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 office in Toronto (West Humber-Clairville) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Area context

Neighbourhood profile (M9W)

This home lists at $487,000, about 5.7× the local median household income of $85,000.

Carrying it typically needs a household income of about $95,128 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.

Median household income: $85,000
Population: 40,977
Median age: 38.8
Owner / renter: 58% / 42%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M9W)

$487,000· $670/ft²

For sale

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Financing

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#111 998 Martin Grove Road, Toronto (West Humber-Clairville) - Office for Sale