$425,000

For sale

#405 996 Martin Grove Road, Toronto (West Humber-Clairville) - Office for Sale

#405 996 Martin Grove Road, Toronto (West Humber-Clairville), Ontario, M9W4V8

1 parking661 ft²Listed 44 days ago

Overview

This office property in Toronto is for sale offering roughly 661 sq ft of space. It has been on the market 44 days, fresher than the Toronto average of 59 days.

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Description

Introducing a premium, modern commercial opportunity at Regal Plaza, ideally located just minutes from Toronto Pearson International Airport. This contemporary business hub offers high-end office and retail spaces with excellent connectivity to the Toronto Congress Centre and major highways, including 401, 409, and 427.The development features 8 ground-floor retail units and 105 office spaces, thoughtfully designed to meet the needs of today's dynamic businesses. Located in a rapidly growing and revitalized area, Regal Plaza offers exceptional potential for both investors and end-users.This unit offers approximately 661 sq. ft. of well-designed office space, situated on one of the top floors with excellent views. The unit includes 1 underground parking space, currently rented for $400/month, plus ample complimentary visitor parking.An excellent opportunity to establish your business or add a premium commercial asset to your investment portfolio. (id:66096)

Property Details

MLS®: W13813868
Property Type: Office
Zoning: Commercial
Parking: 1
Interior Size: 661 ft²
Frontage: 26 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Listed: 44 days ago

Features

Lot Features: Elevator

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Toronto (West Humber-Clairville) listings, avg age

59d

Price / ft²

$643

List price

$425K

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 office in Toronto (West Humber-Clairville) has been listed for 44 days, which is 15 days fresher than the city average of 59. Act while there is still low competition.

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Listed by EXECUTIVE REAL ESTATE SERVICES LTD. · HAMDI ABBAS CHOLA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M9W)

This home lists at $425,000, about 5.0× the local median household income of $85,000.

Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $85,000
Population: 40,977
Median age: 38.8
Owner / renter: 58% / 42%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA M9W)

$425,000· $643/ft²

For sale

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Financing

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