$729,000
Toronto
$729,000
Toronto
#8 1415 Kennedy Road, Toronto (Dorset Park), Ontario, M1P2L6
This retail property in Toronto is for sale offering roughly 1,500 sq ft of space.
Excellent owner-user and investment opportunity in a well-established commercial plaza at Kennedy Road and Ellesmere Road in Scarborough. This versatile two-storey commercial condo features approximately 1,000+ sq. ft. on the ground floor, complete with a private washroom and an efficient layout suitable for a wide range of professional, medical, wellness, educational, and retail uses. The second floor offers approximately 400+ sq. ft. of office space with its own private washroom and is currently leased for $1,150 per month, providing immediate rental income and helping offset ownership costs. Ideal for business owners looking to operate their own practice while benefiting from additional cash flow. Suitable for medical clinics, dental offices, physiotherapy, accounting firms, law offices, immigration consultants, mortgage and insurance brokers, beauty and wellness businesses, tutoring centres, and other professional services. Conveniently located with excellent exposure, ample on-site parking, easy access to Highway 401, and close proximity to TTC. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 120 days on market, against an average age of 65 days across the listings currently for sale in this city
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.
This retail in Toronto (Dorset Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $729,000, about 9.6× the local median household income of $76,000.
Carrying it typically needs a household income of about $142,399 (20% down, 25-yr amortization, stress-tested) — roughly 87% above the area median.
Source: Statistics Canada, 2021 Census (FSA M1P)
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