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Toronto C08, ON

  • 8,000 sqft
  • Commercial Retail
  • 1085 days on market
$3,600,000Price reduced 20%

2 commercial units & 7 residential units (3 bachelors, 3 two bedrooms, 1 three bedroom) two double garage. All residential units have own washer & dryer, fridge & stove. Have building permits to convert the three bedroom units to 1 bachelor and 1 two bedroom unit,. For 2022 Gross Rent about $205,000, Net about $116,000, Great Location, TTC, restaurants, banks, No frills Store etc. all within walking distance. Owner is the Listing Agent. Owner is considering retirement. Great opportunity for someone who has time to manage the property. Fronting on Parliament Street back on Catbird Lane, possible potential for Lane way addition. Buyer & buyer's agent to verify listing details and measurements. Can consider VTB at current rate with 30% down payment/ **EXTRAS** Existing Hot water boiler, existing 7 sets of fridge & stove, existing 6 set of washer & dryer.

Listing Details

Taxes (2026)
$33,115
Originally Listed
$4,500,000
Listed
September 18, 2023

Price History

Property

Age
51-99
Lot Size
37.16 x 145 Feet

Parking

Garage
Double Detached

Location & Legal

Zoning
Commercial/residential
Parcel Number
210880239
Occupancy
Tenant

Commercial

Business Type
Retail Store Related

Included

Rental Items
Will provide rental breakdown to serious buyer.

Community

Postal area M5A

Population
48,978
Private dwellings
30,508
Median age
36.4
Average household size
1.8
Median household income
$71,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto C08 · last 12 months

Median sold price
$592,500
Homes sold
1,635
Median days on market
28
Sale-to-list price
97.3%

Based on 1,635 recorded sales of commercial properties in Toronto C08 over the last 12 months.

Listed by

K C CHAN REALTY INC.

Commercial figures

Building area
8,000 sq ft
Price per sq ft
$450.00
Annual property tax
$33,115
Tax per sq ft
$4.14

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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