#15 3101 Kennedy Road, Toronto (Milliken) - Retail for Sale
#15 3101 Kennedy Road, Toronto (Milliken), Ontario, M1V4Y1
740 ft²Listed 8 days ago
Overview
This retail property in Toronto is for sale offering roughly 740 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 111 days.
This is not assignment sale , Gourmet City Commercial Unit is situated in Scarborough, at a strategic and convenient location at the SE quadrant of Kennedy Rd and McNicoll Ave, offering great exposure on Kennedy Rd, with direct access from Kennedy Rd and Milliken Blvd. The best Location in this plaza , come to see and feel , featuring a modern design with high quality finishes. Brand-new unit with a lot more Various permitted uses than block B & C , including retail, bakery, cafeteria ,bubble tea , salon ,fast food taking-out ,nail store ,clinic, Dentist office , Lawyer office and much more (Restaurant use also- Need to application for upgrade $) . Great business ventures cater to different cultures. Versatile space with minutes drive to Hwy 404/407. Very High Ceiling , High Density Neighborhood- Food Super market , condo & townhouse , Senior building, Maryward high school etc.Bamburgh Manor Condos by TRIDEL & townhomes (about 520 units), Mon Sheong Court (about 370 units), TTC Bus Garage (about 500 employees), Mary Ward Secondary Catholic School (about 1,400 students), LAmoreaux Community Recreation Centre Approximately 2,900 residential homes and much more. (id:66096)
Property Details
MLS®
E14118734
Property Type
Retail
Zoning
Coffee,Bakery,Bubble tea,Food Take Out , Office ..
Interior Size
740 ft²
Heating
Forced air
Cooling
Fully air conditioned
Listed
8 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
8d
Toronto (Milliken) listings, avg age
111d
Price / ft²
$1,120
List price
$829K
Active: 8 days on market, against an average age of 111 days across the listings currently for sale in this city
Market timing · days on market0 → 111d avg age of current listings
Active · day 8
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 (Milliken) has been listed for 8 days, which is 103 days fresher than the city average of 111. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (M1V)
This home lists at $829,000, about 10.1× the local median household income of $82,000.
Carrying it typically needs a household income of about $161,933 (20% down, 25-yr amortization, stress-tested) — roughly 97% 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)
$829,000· $1,120/ft²
For sale
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