Description

Prime Golden Mile commercial retail opportunity at 101 Lebovic Ave, Unit F09. Unique DOUBLE ENTRANCE UNIT, providing excellent accessibility, flexibility and possibilities for a variety of business concepts. Spacious 862 sq. ft. commercial condo featuring an impressive 18 ft. ceiling height with potential to build an additional mezzanine/floor within the unit, subject to required approvals and applicable regulations. A great opportunity to maximize usable space and functionality. Ample free plaza parking for customers and staff. Surrounded by established restaurants, medical offices, retail, banks, Canadian Tire, Walmart, Cineplex and other major amenities. Excellent location with the Eglinton Crosstown LRT nearby and convenient access to the DVP. Ideal for an owner user or investor seeking a versatile commercial property in Toronto's growing Golden Mile. Ready for immediate occupancy. (id:66096)

Property Details

MLS®: E13758102
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Commercial
Interior Size: 862 ft²
Frontage: 14 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $7,540/yr
Listed: 57 days ago

Market Timing

Days on market

57d

Toronto (Clairlea-Birchmount) listings, avg age

40d

Price / ft²

$609

List price

$525K

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 (M1L)

This home lists at $525,000, about 6.7× the local median household income of $78,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 31% above the area median.

Median household income: $78,000
Population: 35,833
Median age: 38.8
Owner / renter: 51% / 49%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA M1L)

$525,000· $609/ft²

For sale

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Financing

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##F09 101 Lebovic Avenue, Toronto (Clairlea-Birchmount) - Retail for Sale

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (M1L)

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