$5,100,000
For sale: Other

Property being offered to market at a 5.5% cap rate !!! CAREFREE INVESTMENT WITH GREAT UPSIDE - 33 FT. FRONTAGE ON QUEEN WEST WITH 100FT. DEPTH - 3,300 SQ. FT ON THE MAIN FLOOR W/ 18 FT.CEILINGS - 2,300 SQ. FT ON 2ND FLOOR COUPLED WITH A 1,000 SQ. FT REINFORCED ROOF DECK - FULLY LEASED * SUCCESSFUL HOSPITALITY TENANTS
Sold data
Other homes in Toronto (Little Portugal) took a median of 44 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 113, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 86 days.
The median sale price was $70,000.
Homes sold for about 8.6% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 19% 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 (Little Portugal) 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

$4,399,000
Other1024 QUEEN STREET W, Trinity-Bellwoods, Toronto

$4,998,000
Other2365 ST CLAIR AVENUE W, Junction Area, Toronto

$5,250,000
Other355 REXDALE BOULEVARD, West Humber-Clairville, Toronto

$4,399,000
Other1024 QUEEN STREET W, Trinity-Bellwoods, Toronto

$4,450,000
Other186-188 STRACHAN AVENUE, Niagara, Toronto

$4,750,000
Other73 KENNEDY ROAD S, Brampton West, Brampton

$4,200,000
Other1066 YONGE STREET, Rosedale-Moore Park, Toronto

$4,349,000
Other16-19 - 6660 KENNEDY ROAD, Gateway, Mississauga