$1,650,000
For sale: Other

Prime 3,432 SF Commercial/Retail Condo Unit (Combined) in Booming Rouge, Scarborough! An outstanding opportunity to own or invest in a large-format, high-traffic retail/commercial space in one of Scarborough's fastest-growing communities. This combined unit - merging two adjacent retail condo units - offers 3,432 SF of flexible retail/commercial space just seconds from Hwy 401, with over 75,000 residents in the immediate trade area for unmatched exposure and built-in customer demand. Flexible zoning supports a wide range of uses - medical, dental, restaurant, office, retail, salon/spa, and more - making this an ideal fit for owner-operators or investors seeking a versatile, large-format asset. A new 12-storey residential tower is coming to the same complex, adding 200+ new units and a steady stream of foot traffic right to your doorstep. Surrounded by an established and rapidly expanding trade area, this location benefits from proximity to Rouge National Urban Park, Toronto Zoo, TTC transit, and the University of Toronto Scarborough campus, drawing consistent local and visitor traffic year-round. Added flexibility for investors: while being sold as one combined 3,432 SF unit, each unit maintains its own separate title, giving the buyer the future option to lease or sell either unit individually - ideal for those looking to occupy one space while generating rental income from the other, or to divest a portion down the road. A rare chance to secure a large-format retail space with built-in flexibility, in a neighbourhood on the rise.
Sold data
Homes in Rouge took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 56, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $950,000.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 24% 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 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Rouge) 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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