This industrial property in Toronto is for sale offering roughly 975 sq ft of space. It has been on the market 49 days, fresher than the Toronto average of 75 days.

Description

Fantastic opportunity to own an approx. 975 sq ft commercial/industrial unit in one of Scarborough's most desirable industrial hubs. Located near Midland & Sheppard, this well-maintained space is ideal for a wide range of business uses. Property Features functional layout with front and back workspace or can be converted to open layout Includes a 3-piece bathroom for staff convenience, two dedicated parking spaces. Potential for mezzanine expansion (subject to approval)/ Currently operating as a dental lab with a wide range of permitted uses. Great location with easy access to Highway 401, TTC, and local amenities. (id:66096)

Property Details

MLS®: E13793550
Property Type: Industrial
Zoning: Industrial
Bathrooms: 1
Interior Size: 975 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $3,552.61/yr
Listed: 49 days ago

Market Timing

Days on market

49d

Toronto (Agincourt South-Malvern West) listings, avg age

75d

Price / ft²

$471

List price

$459K

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 (Agincourt South-Malvern West) has been listed for 49 days, which is 26 days fresher than the city average of 75. Act while there is still low competition.

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Area context

Neighbourhood profile (M1S)

This home lists at $459,000, about 5.7× the local median household income of $81,000.

Carrying it typically needs a household income of about $89,659 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.

Median household income: $81,000
Population: 37,663
Median age: 44.4
Owner / renter: 75% / 25%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1S)

$459,000· $471/ft²

For sale

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#A2 2370 Midland Avenue East, Toronto (Agincourt South-Malvern West) - Industrial for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M1S)

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