Description

EXCELLENT OPPORTUNITY for Food Preparation/Manufacturing, even Retail! This approximately 2300 sq. ft. Food Factory/Industrial Kitchen is fully equipped and has been recently renovated to accommodate a successful food manufacturing business. Large walk-in 6x8 ft. fridge, plus 6x5 ft. freezer. 12 ft. Commercial Grade Exhaust System. Turnkey full commercial kitchen PLUS Retail Storefront with signage & free parking for customers. Rear Drive-in Shipping and Receiving Door. Finished 400 sq. ft. office in Mezzanine. Washer/Dryer Included. Presently used by Owner. Vacant possession available. (id:66096)

Property Details

MLS®: E14143356
Property Type: Industrial
Zoning: MS
Interior Size: 2,208 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Garage: Other
Property Tax: $4,900/yr
Listed: Yesterday

Market Timing

Days on market

Toronto (Milliken) listings, avg age

109d

Price / ft²

$430

List price

$950K

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 industrial in Toronto (Milliken) has been listed for 1 day, which is 108 days fresher than the city average of 109. Act while there is still low competition.

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Area context

Neighbourhood profile (M1V)

This home lists at $950,000, about 11.6× the local median household income of $82,000.

Carrying it typically needs a household income of about $185,568 (20% down, 25-yr amortization, stress-tested) — roughly 126% 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)

$950,000· $430/ft²

For sale

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Financing

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#9 328 Passmore Avenue, Toronto (Milliken) - Industrial for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M1V)

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