Description

Assignment Sale; Welcome to Brand New Commercial Retail Plaza Located At Kennedy/Mcnicoll. Available Approx. 734 Sq Ft of Ground Floor plus Mezzanine Level, Total Square footage as per builder is 1026 Sq feet. Huge Both Exposure With High Traffic On Kennedy rd and Mcnicoll Rd. This unit offers for any type of business subject to condo corp. By Laws. Excellent Opportunity To Start New Business Or Relocate., Excellent Exposure, High Density Neighborhood! Suitable For Variety Of Different Uses. Unit Is In Shell Condition, Tenant To Do All Lease Hold Improvements! (id:66096)

Market Timing

Days on market

125d

Toronto (Milliken) listings, avg age

110d

Price / ft²

$584

List price

$599K

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 $599,000, about 7.3× the local median household income of $82,000.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 43% 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)

$599,000· $584/ft²

For sale

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Financing

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#B7 3101 Kennedy Road, Toronto (Milliken) - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M1V)

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