Description

Excellent Location Yonge and Sheppard! Retail unit with 2-year lease tenant (Food Related) on the main floor for sale without business. Good Exposure! The windows of this unit face the street. Emerald Park Building Indoor Shopping Mall With Supermarket, LCBO on 2nd Floor, Tim Horton, Retail Stores And Food Court In The Same Plaza. Over 50 Office Units on 3rd Floor, 700 Luxury resident units Over 4th Floor in Two Residential Towers. Direct Access from underground To Sheppard Subway Station. Step to Bus stop, 2 minutes to Hwy 401. Lots Of Underground Visitor Parking. Busy Traffic. Huge Potential **EXTRAS** Currently Tenant pays T.M.I. Good Return on investment! (id:66096)

Property Details

MLS®: C12343325
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Retail
Interior Size: 350 ft²
Heating: Forced air
Cooling: Fully air conditioned
Property Tax: $6,253.96/yr
Listed: 447 days ago

Market Timing

Days on market

447d

Toronto (Lansing-Westgate) listings, avg age

86d

Price / ft²

$1,200

List price

$420K

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 (M2N)

This home lists at $419,880, about 5.1× the local median household income of $82,000.

Carrying it typically needs a household income of about $82,017 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$419,880· $1,200/ft²

For sale

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Financing

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#122 4750 Yonge Street, Toronto (Lansing-Westgate) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M2N)

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