$1,650,000
Toronto
#19-20 30 DEAN PARK Road, Toronto (Rouge), Ontario, M1B3H1
This retail property in Toronto is for sale offering roughly 3,432 sq ft of space.
Prime 3,432 SF Commercial/Retail Condo Unit (Combined) in Booming Rouge, Scarborough! An outstanding opportunity to own or invest in a large-format, high-traffic retail/commercial space in one of Scarborough's fastest-growing communities. This combined unit - merging two adjacent retail condo units - offers 3,432 SF of flexible retail/commercial space just seconds from Hwy 401, with over 75,000 residents in the immediate trade area for unmatched exposure and built-in customer demand. Flexible zoning supports a wide range of uses - medical, dental, restaurant, office, retail, salon/spa, and more - making this an ideal fit for owner-operators or investors seeking a versatile, large-format asset. A new 12-storey residential tower is coming to the same complex, adding 200+ new units and a steady stream of foot traffic right to your doorstep. Surrounded by an established and rapidly expanding trade area, this location benefits from proximity to Rouge National Urban Park, Toronto Zoo, TTC transit, and the University of Toronto Scarborough campus, drawing consistent local and visitor traffic year-round. Added flexibility for investors: while being sold as one combined 3,432 SF unit, each unit maintains its own separate title, giving the buyer the future option to lease or sell either unit individually - ideal for those looking to occupy one space while generating rental income from the other, or to divest a portion down the road. A rare chance to secure a large-format retail space with built-in flexibility, in a neighbourhood on the rise. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 69 days on market, against an average age of 54 days across the listings currently for sale in this city
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.
This retail in Toronto (Rouge) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,650,000, about 18.1× the local median household income of $91,000.
Carrying it typically needs a household income of about $322,303 (20% down, 25-yr amortization, stress-tested) — roughly 254% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1B)
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