$898,000
Toronto
#26 1220 Ellesmere Road, Toronto (Bendale), Ontario, M1P2X5
This industrial property in Toronto is for sale offering roughly 2,000 sq ft of space. It has been on the market 64 days, fresher than the Toronto average of 68 days.
Attention investors and user! Do not miss the opportunity of this industrial property for your own business or as investment for rental income. A total area of 2,000 sq ft including a 280 sf office finished with 3 private offices + 1 reception area/show room and 1,720 sf for warehouse space or for a light manufactory. 12' x 10' truck loading dock for shipping and receiving. 14' ceiling height in the warehouse area. 3 designated parking space. Seller is running embroidery/garment business at the property for over 15 years. Seller is open to the option for leasing back the property from the new owner if buying for rental income. Convenient location with easy access to TTC public transit for labor pool. It's about only 1.5 km to Scarborough Town Centre, Toronto - Scarborough Service Canada Centre, Passport Office, Toronto East Tax Services Office, Scarborough YMCA, Go Transit Bus Terminal, Toronto Public Library - Scarborough Civic Centre Branch. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 68 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 industrial in Toronto (Bendale) has been listed for 64 days, which is 4 days fresher than the city average of 68. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $898,000, about 11.8× the local median household income of $76,000.
Carrying it typically needs a household income of about $175,411 (20% down, 25-yr amortization, stress-tested) — roughly 131% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1P)
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