Description

Prime Opportunity to Own a Versatile Industrial Unit. A Great Opportunity for An Owner-User or Investor Looking For a Functional Industrial Space with Excellent Utility and Flexibility. Property Highlights Include: 1942 Sf - With Office & Reception Area, Zoning M3, Clear Height 16 Feet with 12 Feet Drive-In Door, 4 Dedicated Parking Spaces, Currently Vacant; Immediate Possession Available, Suitable for A Variety of Industrial, Warehouse and Business Uses. Subject To Zoning; (id:66096)

Property Details

MLS®: W13707592
Property Type: Industrial
Zoning: M3,MOFH
Interior Size: 1,942 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $5,647.74/yr
Listed: 72 days ago

Market Timing

Days on market

72d

Toronto (York University Heights) listings, avg age

66d

Price / ft²

$463

List price

$900K

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 (M3J)

This home lists at $899,900, about 11.9× the local median household income of $75,500.

Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 133% above the area median.

Median household income: $75,500
Population: 26,600
Median age: 36
Owner / renter: 48% / 52%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA M3J)

$899,900· $463/ft²

For sale

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Financing

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#16 101 Toro Road, Toronto (York University Heights) - Industrial for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (M3J)

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