$2,300,000
For sale: Other

PRIME COMMERCIAL PROPERTY & ESTABLISHED CONVENIENCE STORE FOR SALEExceptional opportunity to acquire both a prime commercial property and a well-established convenience store business that has served the local community for over 25 years.Situated on a prominent 40' x 120' corner lot, this income-producing property offers excellent exposure, strong visibility, and consistent pedestrian and vehicle traffic. The property features a main-floor retail space, a spacious 3-bedroom residential unit of approximately 1,300 sq. ft. on the second floor, a full-sized basement, and an additional detached 2-bedroom unit at the rear, providing multiple potential income streams.Surrounded by high-density residential development and located within a desirable school district, the property offers convenient access to public transit, The Queensway, Gardiner Expressway, QEW, and downtown Toronto. Street parking is available directly in front of the property.
Sold data
Other homes in Toronto (Stonegate-Queensway) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 (Stonegate-Queensway) 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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