Overview

This retail property in Toronto is for sale offering roughly 926 sq ft of space.

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Description

Prime Location Commercial Unit In A High-Traffic Retail Hub! Rare opportunity to own a 926 sq ft unit positioned in one of the area's most active and well-established plazas. Surrounded by a strong mix of restaurants, beauty, and retail businesses, this location benefits from constant daily traffic and a built-in customer base.Strategically situated with excellent visibility and accessibility, the plaza offers ample parking and convenient transit access, making it easy for customers and staff to visit. What truly sets this unit apart is its unique dual exposure-fronting a busy plaza while backing onto an even more active commercial area anchored by Tim Hortons and Wendy's. This rare feature allows for additional signage opportunities and increased customer flow from both sides, maximizing business exposure.Located just minutes from major traffic drivers such as Plendid China, Pacific Mall, No Frills, this unit is positioned in a high-demand commercial corridor known for strong foot traffic and consistent consumer activity.Ideal for a wide range of uses including retail, service, beauty, or professional businesses (buyer to verify). Whether you are an end user looking to establish your business in a thriving location or an investor seeking a well-located asset with strong long-term potential, this property offers location, exposure, and growth opportunity all in one. (id:66096)

Market Timing

Days on market

186d

Toronto (Milliken) listings, avg age

110d

Price / ft²

$820

List price

$759K

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 $758,888, about 9.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $148,237 (20% down, 25-yr amortization, stress-tested) — roughly 81% 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)

$758,888· $820/ft²

For sale

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Financing

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#B10 4779 Steeles Avenue East, Toronto (Milliken) - Retail for Sale

Description

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Market Timing

Location

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Neighbourhood profile (M1V)

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