Overview

This retail property in Toronto is for sale offering roughly 1,005 sq ft of space. It has been on the market 0 days, fresher than the Toronto average of 109 days.

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Description

Gourmet City Commercial Condos offers an exciting opportunity to own a brand-new commercial space in one of Scarborough's busiest and fastest-growing areas. Conveniently located at the southeast corner of Kennedy Rd and McNicoll Ave, this high-traffic plaza has great visibility and easy access from both Kennedy Rd and Milliken Blvd. This unit features soaring 20-foot ceilings and a mezzanine in raw condition-perfect for customizing the space to fit your business needs. Built by H & H Group, the development features modern design and high-quality finishes throughout. Whether you're opening a café, bubble tea shop, bakery, medical or dental office, or retail store, this space is zoned for a variety of uses and ideal for serving Scarborough's diverse community. Just minutes from Highways 404 and 407, it's a prime location for growing your business in a vibrant, well-connected area. (id:66096)

Property Details

MLS®: E14151748
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Retial
Interior Size: 1,005 ft²
Frontage: 13 ft
Heating: Other
Cooling: Fully air conditioned
Property Tax: $15,537.78/yr
Listed: Today

Market Timing

Days on market

Toronto (Milliken) listings, avg age

109d

Price / ft²

$796

List price

$800K

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 retail in Toronto (Milliken) has been listed for 0 days, which is 109 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 $799,999, about 9.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 91% 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)

$799,999· $796/ft²

For sale

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Financing

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#C15 3101 Kennedy Road, Toronto (Milliken) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M1V)

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