$1,350,000
For sale: Other

Fully leased mixed-use investment opportunity in New Toronto, just east of Lake Shore Blvd W & Islington Ave. Four income streams comprising two commercial units and two apartments. Four parking spaces and basement. Positioned along the established Lake Shore Blvd W commercial corridor in an evolving South Etobicoke neighbourhood surrounded by residential communities, parks and local businesses. Within walking distance of waterfront parks along Lake Ontario. Excellent opportunity to acquire a fully tenanted mixed-use asset with diversified commercial and residential income in a fantastic established lakeside community.
Sold data
Other homes in Toronto (New Toronto) took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 101, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.
The median sale price was $75,000.
Homes sold for about 7.3% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 16% 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 (New Toronto) 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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Detached1 BERNICE AVENUE, Stonegate-Queensway, Toronto