A120 - 41 LEBOVIC AVENUE, Toronto (Clairlea-Birchmount)

$387,500

For sale: Other

Other at A120 - 41 LEBOVIC AVENUE, Toronto (Clairlea-Birchmount)
Property type
Commercial Retail
MLS®
MLS® E14150362
Neighbourhood
Clairlea-Birchmount

COMMERCIAL RETAIL INVESTMENT PROPERTY FOR SALE in Scarborough, ON. Located at 41 Lebovic Ave, Unit A120, near the busy intersection of Lebovic Ave & Eglinton Ave E, in a high-traffic commercial area with excellent visibility and exposure. Surrounded by established residential neighbourhoods, retail plazas, restaurants, offices, major shopping centres, public transit, and other amenities. Excellent investment opportunity with an existing long-term franchise tenant, providing rental income and an established tenancy. Property is suitable for a variety of retail and commercial uses, subject to zoning and applicable approvals. Unit A120 must be purchased together with Unit A119; both units are being sold together and cannot be purchased separately. Great opportunity for investors looking to acquire an income-generating commercial property in a prime Scarborough location.

Sold data

Homes in Clairlea Birchmount — recent sold market

Homes in Clairlea Birchmount took a median of 18 days to sell over the last 90 days, with the quickest quarter selling within 10 days and the slowest quarter taking more than 32, across 49 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $839,900.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 31% of sales closed above the list price.

Around 12% of sellers reduced their price before finding a buyer.

Median days to sell
18
Median sale price
$839,900
Sale-to-list ratio
97.2%
Sold above asking
31%

Based on 49 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Clairlea-Birchmount)

Toronto (Clairlea-Birchmount) 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 (Clairlea-Birchmount)

  • 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 A120 - 41 LEBOVIC AVENUE