$4,750,000
For sale: Other

Overlooking park. Pharmacy located on ground floor, doctors office on second floor. Strong rent roll. Exceptional opportunity to own an upscale 3-storey commercial medical building in sought-after Palmerston-Little Italy. Approx. 6,318 sq. ft. of leasable space plus a fully finished, rented basement, with 2 parking spaces. Vacant third floor offers immediate occupancy or leasing potential. Steps to Christie Pits, TTC, Christie Subway Station, restaurants, cafés and shops. Seller open to creative financing and customizing/renovating the property to suit the buyer's needs prior to closing. A rare downtown Toronto investment opportunity.
Sold data
Other homes in Toronto (Palmerston-Little Italy) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.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 (Palmerston-Little Italy) 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.
Currently for sale

$4,199,000
Other2363 TAUNTON ROAD, Rural Clarington, Clarington

$4,490,000
Other16 ADAMSON STREET, 1049 - Rural Halton Hills, Halton Hills

$3,900,000
Other1306-1312 - 130 QUEENS QUAY E, Waterfront Communities C8, Toronto

$3,495,000
Other1 - 17 ISABELLA STREET, Church-Yonge Corridor, Toronto

$11,888,888
Other7, Concord, Vaughan

$5,188,000
Other587-589 COLLEGE STREET, Trinity-Bellwoods, Toronto

$5,800,000
Other4816 BRIDGE STREET, 211 - Cherrywood, Niagara Falls

$3,500,000
Other7018 4TH LINE, Rural New Tecumseth, New Tecumseth