Overview

This office property in Toronto is for sale offering roughly 1,321 sq ft of space. It has been on the market 37 days, fresher than the Toronto average of 58 days.

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Description

Assignment Sale at Regal Plaza !- CUSTOMIZE YOUR DREAM OFFICE at the Main Floor. Shell Condition - Customize it to fit your business needs & branding. Prime Location - 5 mins from Pearson Airport, near major highways. Top-Tier Business Hub - Ideal for professionals, startups, medical offices & investors. High Growth Potential - Invest early in a premier business address. Luxury Amenities - On-site retail, restaurants, a multi-use atrium & Suites. one parking spot included. unit 113 (661sqft) & 114 (660sqft) could be purchased separately. or used combined. The REGAL PLAZA is minutes away from Toronto Pearson Airport; Toronto Congress Centre and Major Highways : 401, 409 & 427. It is connected to a franchise hotel on the North Side of the Property. and is at the eastern entrance of what is already Canada's Second Largest Employment Zone. (id:66096)

Property Details

MLS®: 40867108
Property Type: Office
Zoning: EO 1.5
Interior Size: 1,321 ft²
Building Area: 1,321 ft²
Year Built: 2024
Storeys: 1
Basement: None
Garage: Underground
Maintenance Fee: $743/mo
Fee Includes: Insurance, Parking
Listed: 37 days ago

Features

Foundation: Poured Concrete
Exterior: Concrete

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Toronto listings, avg age

58d

Price / ft²

$681

List price

$899K

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 has been listed for 37 days, which is 21 days fresher than the city average of 58. Act while there is still low competition.

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Area context

Neighbourhood profile (M9W)

This home lists at $899,000, about 10.6× the local median household income of $85,000.

Carrying it typically needs a household income of about $175,606 (20% down, 25-yr amortization, stress-tested) — roughly 107% 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)

$899,000· $681/ft²

For sale

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Financing

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