$698,000
Toronto
#C103 10 Mallard Road, Toronto (Banbury-Don Mills), Ontario, M3B0A7
This retail property in Toronto is for sale offering roughly 539 sq ft of space. It has been on the market 8 days, fresher than the Toronto average of 48 days.
Excellent location for your business in The Diamond at Don Mills Plaza! The unit has great exposure within the complex and access to ample parking on a first-come, first-serve basis. Bright and modern commercial unit complete with a large open office, stylish kitchenette, cabinet sink, 1x2pc, thoughtfully designed reception and spacious waiting area. This layout has high ceilings throughout and includes both a front entrance to the plaza and a rear entrance facing Mallard Rd. providing consistent visibility! Suitable for professional offices, some retail and medical uses. No food service or banks are permitted. Buyer to verify their specific use. Steps to transit and easy access to the DVP and Hwy. 401 providing convenience for both staff and clientele. Move-in ready. Do not miss out! The unit is owner-occupied running a successful business and could be offered as a leaseback, generating an attractive cap rate for any investor. Hydro & Gas are separately metered. Water is submetered. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 48 days across the listings currently for sale in this city
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.
This retail in Toronto (Banbury-Don Mills) has been listed for 8 days, which is 40 days fresher than the city average of 48. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $698,000, about 5.8× the local median household income of $121,000.
Carrying it typically needs a household income of about $136,344 (20% down, 25-yr amortization, stress-tested) — roughly 13% above the area median.
Source: Statistics Canada, 2021 Census (FSA M3B)
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