Description

Commercial Plaza Located at High Traffic Intersection of Midland and McNicoll. Midland Exposure. Plenty of Parking. 559 Sq.ft. with 2 pcs Washroom. Perfect Location and size for Investment or Owner Occupied. Health & Beauty, Retail. Unit Currently Tenanted, Tenant in agreement to Termination with 60 days notice. (id:66096)

Property Details

MLS®: E12632702
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial / Retail
Interior Size: 559 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $4,874/yr
Listed: 325 days ago

Market Timing

Days on market

325d

Toronto (Milliken) listings, avg age

110d

Price / ft²

$1,020

List price

$570K

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 (M1V)

This home lists at $570,000, about 7.0× the local median household income of $82,000.

Carrying it typically needs a household income of about $111,341 (20% down, 25-yr amortization, stress-tested) — roughly 36% above the area median.

Median household income: $82,000
Population: 50,825
Median age: 45.6
Owner / renter: 81% / 19%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1V)

$570,000· $1,020/ft²

For sale

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Financing

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#128 3700 Midland Avenue, Toronto (Milliken) - Retail for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (M1V)

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