3816 BLOOR STREET W, Toronto (Islington-City Centre West)

$3,200,000

For sale: Other

Other at 3816 BLOOR STREET W, Toronto (Islington-City Centre West)
Property type
Commercial Retail
MLS®
MLS® W14171372
Neighbourhood
Islington-City Centre West

Welcome to 3816 Bloor St W, a corner unit located at the busy intersection of Bloor St and Kipling Ave surrounded by residential homes to the North & existing densley populated high-rises to the South, with more being built. There are a wide variety of shopping in the area including Six Points Plaza, Shoppers Drug Mart, banks and restaurants make this strip a daily destination for many consumers. Situated minutes away from Kipling station, Kipling GO with easy access to the QEW, 401, Gardiner & 427. 3816 Bloor St W is a freehold building with 1700 sqft of vacant commercial space on the ground floor with new ducts, furnace & air conditioning. On the second floor we have 2-2+1 apartments with 1 bath & ensuite laundry that are currently being rented month to month. There is an opportunity to rent the basement & 2 car garage. With the ground floor commerical space being vacant 3816 Bloor St W is perfect for owner/operators or investors who can rent the space to achieve a reliable cash flow. Projected net operating income is $146,000 not including Rental income of basement or garage.

Sold data

Homes in Islington City Centre West — recent sold market

Homes in Islington City Centre West took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 49, across 157 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.

The median sale price was $595,000.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
22
Median sale price
$595,000
Sale-to-list ratio
96.4%
Sold above asking
12%

Based on 157 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Islington-City Centre West)

Toronto (Islington-City Centre West) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Islington-City Centre West)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 3816 BLOOR STREET W