This industrial property in Toronto is for sale offering roughly 806 sq ft of space. It has been on the market 13 days, fresher than the Toronto average of 53 days.

Description

A Highly Functional, Industrial Commercial Condo Space Featuring High Ceilings, A Newly Renovated Kitchenette, 2-Piece Bathroom, And Compartmentalized Office And Storage Space. Zoning Permits A Variety Of Professional, Retail, Industrial, And Service Related Uses. Generous Clearance Height Can Facilitate A Second Floor Mezzanine For Additional Usable Space. Property Is Situated Inside The Tapscott Business Mall - A Well Established, Highly Sought After Business Node. (id:66096)

Property Details

MLS®: E14108796
Property Type: Industrial
Zoning: Industrial
Bathrooms: 1
Interior Size: 806 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $1,818.1/yr
Listed: 13 days ago

Market Timing

Days on market

13d

Toronto (Rouge) listings, avg age

53d

Price / ft²

$478

List price

$385K

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 industrial in Toronto (Rouge) has been listed for 13 days, which is 40 days fresher than the city average of 53. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (M1X)

This home lists at $385,000, about 3.2× the local median household income of $122,000.

Carrying it typically needs a household income of about $75,204 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $122,000
Population: 14,810
Median age: 38.4
Owner / renter: 88% / 12%
Avg. household size: 4

Source: Statistics Canada, 2021 Census (FSA M1X)

$385,000· $478/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

#18 850 Tapscott Road, Toronto (Rouge) - Industrial for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M1X)

Book a showing

Need a commercial mortgage?