Description

Commercial Condominium Unit in the heart of Downtown Toronto Mall named Aura Concourse Shopping Mall. Connected at Concourse Level to College Park that leads to College Subway. Includes, Flooring, Lighting fixtures, Water Supply with Shut Off Valve & 4" Sanitary Drainage Rough in. Business Use can be an Optical Retail Store, Hair or Nail Salon or Beauty Related, Call Centre, Private Coaching, Small Classroom. Food Preparation & Food Serving Business Use is also Permitted. (id:66096)

Property Details

MLS®: C13713774
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial Condominium
Interior Size: 260 ft²
Frontage: 3 m
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $2,298.41/yr
Listed: 70 days ago

Features

Lot Features: Elevator

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

70d

Toronto (Bay Street Corridor) listings, avg age

59d

Price / ft²

$288

List price

$75K

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 (M5B)

This home lists at $75,000, about 1.3× the local median household income of $58,000.

Carrying it typically needs a household income of about $14,650 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $58,000
Population: 17,422
Median age: 31.4
Owner / renter: 28% / 72%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5B)

$75,000· $288/ft²

For sale

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Financing

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#4 384 Yonge Street, Toronto (Bay Street Corridor) - Retail for Sale