997 EGLINTON AVENUE W, Toronto (Humewood-Cedarvale)
$1,998,000
For sale: Other
- Property type
- Commercial Retail
- MLS®
- MLS® C13708730
- Neighbourhood
- Humewood-Cedarvale
Fantastic Investment, Redevelopment & User Opportunity! Rarely offered corner commercialbuilding ideally situated in the dynamic Eglinton West corridor, directly adjacent to amunicipal parking lot and along the transit line. This property offers an exceptionalcombination of existing income, future rental upside, signage opportunities and long-termredevelopment potential. The main floor is currently leased, providing immediate income, while the newly renovatedsecond floor is vacant and ready for occupancy or leasing. The property also offers multipleprominent roof and side-wall signage opportunities, creating additional income potential. Potential for an additional apartment, subject to zoning, permits and municipal approvals,provides another avenue for future value creation. The property also features 2 dedicatedparking spaces at the rear. A rare opportunity to acquire a corner income-producing asset with multiple revenue streams, arenovated second level, signage potential, parking and significant future redevelopment upsidein one of Toronto's most active and rapidly evolving corridors.
Sold data
Homes in Humewood Cedarvale — recent sold market
Homes in Humewood Cedarvale took a median of 15 days to sell over the last 365 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 27, across 113 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 22 days.
The median sale price was $1,440,000.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 27% of sales closed above the list price.
Around 10% of sellers reduced their price before finding a buyer.
- Median days to sell
- 15
- Median sale price
- $1,440,000
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 27%
Based on 113 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Toronto (Humewood-Cedarvale)
Toronto (Humewood-Cedarvale) 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 (Humewood-Cedarvale)
- 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.
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