$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
Other homes in Toronto (Stonegate-Queensway) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 89, across 36 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 98 days.
The median sale price was $67,500.
Homes sold for about 7.7% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 36 recorded sales in the last 1 year — 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.
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