$8,900,000
For sale: Other

Prime Functional Rare Multi Small Bay Industrial Investment in the Golden Mile Regeneration Area in a prime industrial node near Warden/Eglinton Ave E, surrounded by service industrial and flex uses within 300 meter walking distance to Golden Mile Eglinton LRT Station on Eglinton/Warden with rent well below the market, creating a signficant upside with 11 D/I Door and 4 Van Height Door(rare ratio for mid-size buildings), a good mix of tenant rooster with extremely low TMI cost, zoned E1 Functional bays with flexible uses serving Scarboroughs established trade area. The area is going under significant revitalization including signficant redevelopment of the entire Golden Mile area(~280 Acre) with over 37,000 units across more than 75 towers proposed in the Golden Mile with expectation of 56,000 new residence and 20,000 employment within the immediate area. Do not talk to the tenant. Weighetd Average Lease of
Sold data
Other homes in Toronto (Clairlea-Birchmount) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 89, across 32 recorded sales.
The median sale price was $67,500.
Homes sold for about 8.2% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 32 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 (Clairlea-Birchmount) 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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