Description

** Superb Location in the Landmark Area In Downtown Chinatown ** High Traffic Indoor Mall"Chinatown Centre" ** Excellent Investment Opportunity or for Personal Use **. Greatlocation facing Spadina with windows facing the street. " Wide frontage unit. Greatvalue!!! (id:66096)

Property Details

MLS®: C13702054
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial/Retail
Interior Size: 695 ft²
Frontage: 20 ft
Heating: Other
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $1,381.42/yr
Listed: 75 days ago

Market Timing

Days on market

75d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$94

List price

$65K

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 (Kensington-Chinatown) has been listed for 75 days, which is 6 days fresher than the city average of 81. Act while there is still low competition.

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Area context

Neighbourhood profile (M5T)

This home lists at $65,000, about 1.1× the local median household income of $61,600.

Carrying it typically needs a household income of about $12,697 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$65,000· $94/ft²

For sale

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Financing

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#275 222 Spadina Avenue, Toronto (Kensington-Chinatown) - Retail for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M5T)

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