B6 - 3101 KENNEDY ROAD, Toronto (Milliken)

$1,088,000

For sale: Other

Other at B6 - 3101 KENNEDY ROAD, Toronto (Milliken)
Property type
Commercial Retail
Bedrooms / bathrooms
1 bathroom
MLS®
MLS® E13465060
Neighbourhood
Milliken

Exceptional opportunity to own a fully finished retail unit in a brand-new commercial plaza Gourmet City at a prime Scarborough location. This is currently the only fully renovated retail unit within the entire development, offering a rare turnkey opportunity for business owners and investors alike. Professionally finished with quality improvements, allowing immediate occupancy and operation while avoiding the time, cost, and uncertainty of completing a new build-out. Strategically located at the high-traffic intersection of Kennedy Rd and McNicoll Ave, surrounded by established residential communities, schools, restaurants, shopping centres, and major transportation routes. Excellent exposure, and strong future growth potential make this an outstanding investment in one of Scarborough's most dynamic commercial corridors.

Sold data

Other homes in Toronto (Milliken) — recent sold market

Other homes in Toronto (Milliken) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.

The median sale price was $59,000.

Homes sold for about 9.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

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

Schools in Toronto (Milliken)

Toronto (Milliken) 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 (Milliken)

  • 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 B6 - 3101 KENNEDY ROAD