$1,499,000
For sale: Other

A mixed-use/live-work! hard to find detached, corner property at Rogers Road & Boon Ave. A great find for the discerning Investor. This Live/Work Opportunity has great rental income with established restaurant on the first floor for over 20 years. Restaurant Commercial unit facing Rogers Road, with separate storage unit. Separate entrance facing Boon Ave provides access to 2nd Floor tenants, with 1 bachelor Unit, and a 1 bdrm Apt., with walk-out sliding door to an open terrace overlooking the Toronto skyline. The finished basement has a separate entrance with two 1 bedroom self contained apartments.Other conveniences include separately metered units and entrances. Three private parking spots fronting Rogers Rd. Public transportation at the door, TTC, minutes to Eglinton LRT. Schools, shopping, restaurants and parks. Community Centres with pools nearby. Minutes to 401, 400, and Allen Expressway. Whether you're looking for an owner occupied with live/work and rental income, or a redevelopment opportunity, this property is a solid investment in the heart of the city. Tenants are month-to-month and are willing to stay, or vacant possession can be arranged.
Sold data
Other homes in Toronto (Caledonia-Fairbank) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.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 (Caledonia-Fairbank) 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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