$660,000
For sale: Other

Rare opportunity to own affordable office space in an exceptional Midtown location. Situated on the ground floor of the prestigious boutique Macpherson Design Centre, just west of Avenue Road in the affluent Republic of Rathnelly neighbourhood, this sophisticated commercial space is within walking distance to Designers Walk, Yorkville, and the Mink Mile. Designed for a professional practice or creative business, the space features a rare large south-facing private outdoor garden/yard complete with storage shed - an extraordinary feature seldom found in office properties. Beautifully renovated with over $100,000 in upgrades, the unit offers clear-span space with no columns, soaring 10-foot ceilings, Two storey w/built-in kitchen, internal security cameras, central speaker system, and prewired networking throughout. Beautifully appointed with a kitchenette and private washroom, this turnkey space is ready for immediate occupancy. Front-door parking is available by City permit (fee applicable), with Green "P" parking conveniently located next door and transit just steps away. An outstanding opportunity for business owners looking to own instead of lease, while enhancing both their long-term investment value and professional presence. Vendor will consider a VTB, Vendor take back mortgage.
Sold data
Homes in Casa Loma took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 58, across 103 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 83 days.
The median sale price was $1,775,000.
Homes sold for about 4.8% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 103 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Casa Loma) 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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