Overview

This industrial property in Toronto is for sale offering roughly 1,440 sq ft of space.

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Description

This Exceptional Commercial Unit Offers A Highly Functional And Versatile Layout, Featuring Approximately 30% Office Space And 70% Industrial Space, Complemented By A 1,440 Sq. Ft. Mezzanine To Support A Wide Range Of Business Operations. The Office Area Includes Nine Private Offices, Ideal For Executive Use, Client Meetings, Or Individual Workspaces, Along With Two Open Office Areas, One Of Which Is Perfectly Suited For A Reception Or Administrative Area. Additional Features Include A Spacious Conference Room, A Dedicated File/storage Room, And A Convenient Three-piece Washroom. The Industrial Portion Is Designed For Efficiency, Featuring A Large Rear Shipping And Receiving Door With Parking Lot-level Access For Seamless Loading And Unloading. Ideally Situated With Quick Access To Highways 401, 404, And 407, This Prime Location Provides Outstanding Connectivity, Making It An Excellent Choice For Businesses Seeking Convenience, Functionality, And Accessibility. (id:66096)

Property Details

MLS®: E13551192
Property Type: Industrial
Business Type: Manufacturing
Zoning: Industrial
Bathrooms: 2
Interior Size: 1,440 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $3,850/yr
Listed: 118 days ago

Market Timing

Days on market

118d

Toronto (Milliken) listings, avg age

110d

Price / ft²

$555

List price

$799K

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 (M1V)

This home lists at $799,000, about 9.7× the local median household income of $82,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 90% above the area median.

Median household income: $82,000
Population: 50,825
Median age: 45.6
Owner / renter: 81% / 19%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA M1V)

$799,000· $555/ft²

For sale

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Financing

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#81 80 Nashdene Road, Toronto (Milliken) - Industrial for Sale

Description

Property Details

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Market Timing

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Neighbourhood profile (M1V)

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