Overview

This office property in Toronto is for sale offering roughly 1,532 sq ft of space. It has been on the market 36 days, fresher than the Toronto average of 55 days.

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Description

Beautifully renovated and fully furnished office condo at Hallmark Centre by Tridel, ideally located at Yonge & Sheppard in the heart of North York. Approximately (unit 511 766 Sq ft) (unit 510 776 Sq ft) with an efficient layout featuring reception/greeting area, private offices, meeting/open workspace, custom cabinetry and 4 workstations with monitors. Over $100,000 invested in quality renovations and leasehold improvements. Move-in ready with high-end furniture included. Direct access to subway, steps to transit, major highways, Whole Foods, Rexall, banks, restaurants and retail amenities. Ideal for professionals including lawyers, accountants, mortgage/insurance brokers, consultants, medical and education users. Excellent location and turnkey opportunity. (id:66096)

Property Details

MLS®: C13839912
Property Type: Office
Business Type: Other
Zoning: c2
Interior Size: 1,532 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $9,000/yr
Listed: 36 days ago

Market Timing

Days on market

36d

Toronto (Willowdale East) listings, avg age

55d

Price / ft²

$587

List price

$900K

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 (Willowdale East) has been listed for 36 days, which is 19 days fresher than the city average of 55. Act while there is still low competition.

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Area context

Neighbourhood profile (M2N)

This home lists at $900,000, about 11.0× the local median household income of $82,000.

Carrying it typically needs a household income of about $175,802 (20% down, 25-yr amortization, stress-tested) — roughly 114% above the area median.

Median household income: $82,000
Population: 75,100
Median age: 38
Owner / renter: 59% / 41%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M2N)

$900,000· $587/ft²

For sale

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Financing

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#510-511 4789 Yonge Street, Toronto (Willowdale East) - Office for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M2N)

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