Description

Located in a prime industrial park in Scarborough: * High foot traffic and convenient transportation * Approximately 990 square feet on the ground floor, plus mezzanine space * Warehouse ceiling height of 16 feet * Includes a restroom, freezer, and kitchen, currently operated by a tenant for central kitchen and pre-prepared food processing * This property is versatile and ideal for small studios, signage companies, design firms, building materials and renovation companies, e-commerce trading companies, central kitchens, pre-prepared food processing plants, and many other industries. Tenant can move out. (id:66096)

Property Details

MLS®: E13128996
Property Type: Industrial
Zoning: Eh (Employment Heavy Industrial)
Interior Size: 1,170 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $3,886.42/yr
Listed: 175 days ago

Market Timing

Days on market

175d

Toronto (Milliken) listings, avg age

109d

Price / ft²

$513

List price

$600K

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 (M1V)

This home lists at $600,000, about 7.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $117,201 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.

Median household income: $82,000
Population: 50,825
Median age: 45.6
Owner / renter: 81% / 19%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1V)

$600,000· $513/ft²

For sale

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Financing

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#308 200 SILVER STAR Boulevard, Toronto (Milliken) - Industrial for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (M1V)

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