$9,500,000
For sale: Other

Exceptional multi-tenant commercial investment opportunity in South Etobicoke major growth area. This 12,000 SF building is situated on a 0.5-acre site and is fully occupied by 16 tenancies across a diversified mix of retail, wellness, education, professional, personal-service and warehouse uses. Extensive improvements include updated electrical and plumbing systems, insulation, fire-rated partitions, doors, windows, flooring, common areas, HVAC equipment and roofing work. The building offers significant future expansion potential to support additional storeys. Potential expansion of approximately 28,000 SF could bring the total gross floor area to approximately 39,900 SF, subject to verification and all required approvals. Excellent access to Highways 427, 401 and the QEW, with substantial residential intensification planned and underway throughout the surrounding area. An opportunity to acquire stabilized income today with considerable long-term redevelopment and value-add potential.
Sold data
Homes in Stonegate Queensway took a median of 13 days to sell over the last 90 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 25, across 63 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $1,180,000.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 29% of sales closed above the list price.
Around 11% of sellers reduced their price before finding a buyer.
Based on 63 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Stonegate-Queensway) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$12,250,000
Other793 KING STREET W, Niagara, Toronto

$6,900,000
Other25 & 29 MILFORD AVENUE, Brookhaven-Amesbury, Toronto

$8,999,999
Other451 WYECROFT ROAD, 1014 - QE Queen Elizabeth, Oakville

$3,200,000
Other3816 BLOOR STREET W, Islington-City Centre West, Toronto

$9,800,000
Other39 CARDICO DRIVE, Rural Whitchurch-Stouffville, Whitchurch-Stouffville

$7,390,000
Other1662 MIDLAND AVENUE, Dorset Park, Toronto

$7,000,000
Other305 CHURCH STREET, 1013 - OO Old Oakville, Oakville

$14,900,000
Other1625 WILSON AVENUE, Downsview-Roding-CFB, Toronto