Description

Fully renovated prime retail space for sale in a high-traffic, upscale neighborhood just steps from Yorkville Village. Surrounded by luxury boutiques, fine dining, and affluent residences, this location offers excellent visibility and steady foot traffic from both locals and tourists. Large display windows provide the perfect opportunity to showcase your brand to an upscale clientele. With easy access to public transit, nearby parking and a vibrant shopping atmosphere, this space is ideal for fashion, wellness, or lifestyle brands looking to establish a presence in one of Toronto's most prestigious retail corridors. This place is perfect for office use by lawyers, accountants, finance professionals, architects, planners, realtors, etc. Owner occupied. Comes with a 2 piece bathroom and a large locker. Don't miss the chance to elevate your business in a sophisticated, sought-after area. Beauty, cannabis, food, veterinary, chemical related uses are not allowed. (id:66096)

Property Details

MLS®: C13741392
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: 475 - Commercial Condominium
Parking: 1
Interior Size: 835 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $7,568.92/yr
Listed: 62 days ago

Market Timing

Days on market

62d

Toronto (Annex) listings, avg age

58d

Price / ft²

$1,196

List price

$999K

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 (M5R)

This home lists at $999,000, about 11.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 127% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$999,000· $1,196/ft²

For sale

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Financing

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#4 220 Avenue Road, Toronto (Annex) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M5R)

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