$1,225,000
For sale: Other

Exceptional, high-yield income property in South Riverdale-one of Toronto's most vibrant, rapidly evolving, and culturally diverse communities. This prime 1,292 sq. ft. corner commercial condominium unit commands an enviable street presence, generating massive foot and vehicular traffic. Perfectly positioned amid a high-density mix of residential, corporate office, and retail spaces, the location ensures a non-stop stream of daily passersby. Fully leased to an established, highly successful operator with over 13 years of strong history and community goodwill at this exact location. A true hands-off, secure addition to any investment portfolio.
Sold data
Other homes in Toronto (South Riverdale) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 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 (South Riverdale) 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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