This retail property in Toronto is for sale offering roughly 4,502 sq ft of space. It has been on the market 16 days, fresher than the Toronto average of 60 days.

Description

4,502 Sq. Ft. Commercial Retail Plaza Unit featuring an established AAA tenant and ampleon-site parking. Currently operating as a food and hospitality venue, this property offers twooutdoor patios and a seating capacity of over 200 guests. Flexible zoning may allow for avariety of alternative commercial uses, subject to municipal approvals and verification by thebuyer. A great opportunity for investors or owner-operators looking to acquire a well-locatedcommercial property with strong business and income potential. (id:66096)

Property Details

MLS®: W14095314
Property Type: Retail
Zoning: CPP
Bathrooms: 4
Interior Size: 4,502 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $28,898/yr
Listed: 16 days ago

Market Timing

Days on market

16d

Toronto (West Humber-Clairville) listings, avg age

60d

Price / ft²

$844

List price

$3.80M

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

This retail in Toronto (West Humber-Clairville) has been listed for 16 days, which is 44 days fresher than the city average of 60. Act while there is still low competition.

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Area context

Neighbourhood profile (M9W)

This home lists at $3,799,900, about 44.7× the local median household income of $85,000.

Carrying it typically needs a household income of about $742,253 (20% down, 25-yr amortization, stress-tested) — roughly 773% 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)

$3,799,900· $844/ft²

For sale

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Financing

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#12 120 Queen Plate Drive, Toronto (West Humber-Clairville) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M9W)

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