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Priced at under $390 psf above grade & completely rebuilt in 2001, this 3 storey building located on one of the best blocks of the Junction, will generate close a 6.0% cap rate fully leased. Can be configured as main flo
Commercial building with three apartments on the top floor. The Commercial unit on the main floor is leased and consists of a retail area, two walk-in coolers, multiple food preparation areas, office and storage. There i
This commercial condo unit in Central Mississauga offers a versatile space that has many ideal uses. The reception area, eight offices, large boardroom, and a spacious mezzanine makes it suitable for so many things. A da
A simple and auspicious Address located in desirable Sheppard Ave West!! South Facing Sun filled Exposure Fronting on Sheppard Ave In Residential Condominium. Professionally Finished Office Space with many permitted uses
Amazing opportunity for investors or professionals who are seeking to live, work and invest in a great location that brings many options on the table.This mixed-use property offers a ground-level commercial unit and 2 re
The listing agent is the co-owner of the seller - Cozy World Inc. For sale by the original owner. Purchased from the builder TIPPETT DEVELOPMENTS INC. in shell condition. After completion was used for a couple of month o
Ground Floor Commercial Unit, with a Residential Apartment Above. **** EXTRAS **** NONE- Sold "as is" as per Schedule "A" (id:39198)
Sale Of Commercial Property Rare Opportunity Corner Danforth Ave Location. Present Use Automotive Extremely Successful And Staple In the Community. Major Opportunity For Re-Development Additional Residential Or Commerci
This exceptional corner lot mixed-use property in Brampton presents a unique live/work opportunity, offering both residential and commercial potential in one of the city's most desirable locations. Just steps from the Br
This Mixed-Use building is configured w/ a 500 sf main floor storefront suitable for offices, services, or retail space which will be vacant on closing and 4 fully leased, recently renovated apartments at rear. The prope
Discover this Multi-Unit Commercial Building, perfectly maintained and located in the Heart of Uxbridge. Featuring 8 Units (5 Commercial, 3 Residential) with a Basement area that can be used for Storage. This Property bo
Development potential, build your desire restaurant or banquet hall. This prime location with a huge parking lot at the back (Lot size: width110ft/Depth 225ft) , offers excellent and incredible opportunity for your busi
Great Opportunity For Commercial Investors And Buyers, Corner Unit With Glass Walls, Great Exposure, Very Close To Main Entrance, Above T & T Supermarket, Commercial Complex With Retail Shops, Offices, Townhouses & High
Great Opportunity For Commercial Investors And Buyers, Great Exposure, Very Close To Main Entrance, Above T &T Supermarket, Commercial Complex With Retail Shops, Offices, Townhouses & High Rise Condo, Future York Univers
Conveniently Located In The Popular world of Yonge complex, Total Square Feet Is 300 s.f (plus 292 s.f unit 269). **Prime Location** Excellent Commercial Opportunity In The Largest Indoor Mall In Thornhill. High Traffic
TWO WASHROOMS AND MULTIPLE DOORS ENTRY TO THE UNIT. PRICE IS FOR THE EMPTY SHELL **** EXTRAS **** PURCHASE OF RESTRAUNT EQUIPMENT AND FURNITURE ARE NEGOTIABLE (id:39198)
Conveniently Located In The Popular world of yonge complex, Total Square Feet Is 292 s.f (plus 300 s.f unit 268). **Prime Location** Excellent Commercial Opportunity In The Largest Indoor Mall In Thornhill. High Traffic
Easy To Manage-Turn Key Renovated Investment! Entire 3-Storey (+ Bsmt) Building W/Small Rear Leased To One Quality Commercial Tenant. Newly Built Restaurant W/Full Kitchen! Extremely Busy Location-Lots Of Foot Traffic. C
Located in the heart of Richmond Hill, this commercial property offers an excellent opportunity for businesses looking for a prime location in York, Ontario. Situated on Highway7 and Leslie, the unit provides high visibi
Trademark Mixed Use Free Standing Commercial Building. Previous uses included retail and entertainment, and is currently used as office space following recent renovations. Zoning allows for multiple uses. Suited as well
4 UNITS RETAIL AND 8, 2 BR LOFT APTS FULLY LEASED,5 MINUTE WALK TO THE DOWNSVIEW SUBWAY, ADJACENT PROPERTY 45 X 167 ALSO FOR SALE,TOTAL LAND WILL BE 137 X 167 POSSIBLE TO BUILD UP TO 12 FLOOR CONDO (id:39198)
Welcome to this fully renovated apartment/retail building. Good opportunity to live and work together or Investment - Potential to gain/earn $6000 rent every month. Upstairs 2 Bedroom apartment with a full bathroom, li
Located in the heart of Derry Green Business Park in Milton, Milton Gates Business Park is a modern new build commercial condominium complex. Spread over 4 buildings, this development offers flexible unit options, conven
Located in the heart of Derry Green Business Park in Milton, Milton Gates Business Park is a modern new build commercial condominium complex. Spread over 4 buildings, this development offers flexible unit options, conven
A brand-new commercial/retail shop boasting over 1,000 square feet of prime space with a bonus mezzanine level (2nd Level). Located in a high-traffic area, this unit offers excellent potential for any type of business, s
Amazing Investment Opportunity! Beautiful, Spacious & Bright & Functional Layout With South Facing Park View Unique 'Live-Work' Condo Townhome Offers 12' Ceillings With Floor To Ceiling Windows & Open Concept Kitchen And
This commercial property is situated in a prime location, offering a rare opportunity with its unitfacing the main Markham Road. It boasts excellent signage and visibility, with a high volume of trafficpassing by. The sp
Attention Investors/End-Users! Retail Tenant Can Stay Or Leave For Buyer's Personal Use. Take Advantage Of This Fully Tenanted, Well Maintained Mixed-Use Building Fronting On A High Vehicular And Pedestrian Traffic Strip
In Toronto, retail properties offer a mix of opportunities and challenges. They are influenced by their location and the city's vibrant market dynamics.
Toronto has a bustling retail property market. You can find everything from small shops to large commercial spaces. Areas like Queen Street West and Yonge Street are popular for their high foot traffic. These areas draw both locals and tourists, boosting retail sales.
The Bay Street Corridor is also noteworthy. It's a hub for financial services with heavy pedestrian traffic. Many businesses thrive here due to the steady flow of potential customers. In general, rental prices and property values are high in these prime locations, reflecting their desirability. There is also a large selection of retail spaces for rent in Toronto.
When looking for retail properties in Toronto, location is key. High-traffic retail areas like Queen Street West ensure your business gets noticed. Lots of people walking by means more potential customers.
Yonge Street is another prime spot. It’s one of the city's longest streets and is filled with shops, which attract many shoppers. Being in such a popular area means paying higher rent, but the payoff in visibility can be significant.
Properties in the Bay Street Corridor offer another advantage. This area is busy with professionals, offering retail opportunities like cafes or lunch spots. You’ll pay a premium for these locations, but the advantages to your shopping center could make it worth it. Location truly shapes your retail business’s success in Toronto.
Toronto boasts a property market thats always on the move. Being aware of the sought after locations and the evolving price patterns can guide you towards informed choices.
Some of the top areas in Toronto for retail businesses include Yonge Street Queen Street West and King Street East. These areas draw crowds with shopping options from both boutiques and big chains.
Yonge Street stands out for its ambiance and array of shops. Queen Street West appeals to a demographic seeking fashion and dining spots. Meanwhile King Street East hosts furniture outlets and hip cafes.
Retail spaces near business hubs also command attention due to the flow of professionals. The Financial District and Bay Street are particularly sought after in this regard. Listings for properties can be found on platforms like MLS with updates often provided by commercial real estate companies like Find Businesses 4 Sale.
The cost of properties in Toronto has been steadily climbing over time. This upward trend is driven by factors such as population growth, economic stability within the city and the persistent demand for commercial real estate.
On average, retail properties are more expensive in high-demand areas. Properties on Yonge Street or Queen Street West usually have higher price tags. You might see prices per square foot being steeper compared to the outskirts of the city.
Reports from CREA and commercial real estate platforms like Find Businesses 4 Sale show an upward trend, indicating a strong market. Keeping an eye on these sources can help you stay informed about the latest price changes.
Buying retail properties in Toronto requires careful planning and consideration. You need to focus on factors like location, cost, and potential return on investment. Following the right steps will help ensure a smooth purchasing process.
Location: The location of a retail property greatly affects its success. Look for areas with high foot traffic and easy access. A property in a popular shopping district or near public transportation can attract more customers.
Cost: Be aware of your budget. Besides the purchase price, consider additional costs such as legal fees, property taxes, and maintenance. It's wise to discuss these with a broker or your commercial real estate agent.
Market Trends: Keep an eye on the market. Understanding the local commercial real estate trends can help you pick the right time to buy. A knowledgeable realtor can provide valuable insights into the market conditions.
Zoning Laws: Check the zoning laws to make sure your intended business can operate legally at the property. It’s important to review local regulations, as they can vary greatly within Toronto.
1. Find a Realtor: Start by choosing a licensed realtor, preferably from a reputable brokerage like RE/MAX. They have the expertise and listings you need.
2. Property Search: Work with your realtor to identify suitable properties. Make a list of priorities and visit multiple sites to compare options.
3. Financial Planning: Secure financing and determine your budget. Consult with a mortgage broker to explore loan options and get pre-approved.
4. Make an Offer: Once you find the right property, make an offer. Your realtor will help you present a competitive bid based on market prices.
5. Due Diligence: Conduct inspections and review zoning laws. This step verifies that the property is in good condition and suitable for your business.
6. Close the Deal: Finalize the purchase by signing the closing documents. Ensure that all terms are clearly outlined and agreed upon by both parties.
Having a clear understanding of these factors and steps will make your experience less stressful and more successful.
When buying retail properties in Toronto, it's crucial to understand zoning laws and gather essential legal documents. These steps help you avoid problems and make informed decisions.
Toronto has specific zoning laws for retail properties. These laws determine what kind of business you can run in a particular area. Zoning categories include commercial, residential, industrial, and mixed-use.
Check with the City of Toronto Planning Division to verify the zoning type for a property. You can visit their website or contact them directly. This ensures that your planned business aligns with permissible activities.
Sometimes, you may need a zoning variance if your intended use doesn't fit existing regulations. A variance requires submitting an application and possibly attending hearings. Being aware of zoning laws helps you avoid fines and delays.
Before purchasing retail property, gather important legal documents. Title Deed confirms the seller's ownership, while Sales Agreement states the sale terms. Ensure these documents are accurate and comprehensive.
A Survey Plan shows the property's boundaries and confirms there are no disputes. Also, get a Zoning Certificate to ensure compliance with current laws.
Don't forget to review key policies such as privacy notice, terms of use, accessibility policy, and copyright. Be wary of online scams during the process. Hiring a commercial real estate lawyer can help you navigate these legalities smoothly.
When considering retail property financing in Toronto, it's essential to know your lending options. You can either go the traditional route or get creative with unique strategies. Here's a look at both approaches to help you make an informed decision.
Traditional financing involves taking out a mortgage from a bank or credit union. Banks usually require a down payment of 20-25% of the property value. Your credit score and financial history play a significant role in securing these loans.
Interest rates are typically fixed or variable. A fixed rate stays the same throughout the loan term, while a variable rate can change with the market. Most commercial real estate investors and business owners prefer fixed rates for predictability.
Another standard option is Small Business Loans from the Canada Small Business Financing Program (CSBFP). These loans help retail property buyers cover up to $1 million. They have competitive interest rates and favourable terms.
If traditional loans aren’t for you, consider creative strategies like seller financing. Here, the seller acts as the lender, allowing you to make payments directly to them. This can be beneficial if you have trouble getting a bank loan.
Another option is forming a partnership or joint venture. This involves pooling resources with other investors to buy a property. This can reduce financial burdens and share risks among partners.
You might also explore retail space lease options with the ability to buy at the end of the lease term. This is useful if you need time to gather funds or improve your credit.
Sometimes, seeking private lenders or angel investors can also be a good fit. These individuals or groups offer loans at higher interest rates but with more flexible terms compared to banks.
The future prospects of properties in Toronto Ontario appear bright with growth and evolving market dynamics. As the city expands and draws businesses there will continue to be demand for retail spaces. It will be essential to monitor market trends to make informed decisions within this lively market.
Forecasts suggest that retail properties located in areas such as Queen Street West and Yonge Street will witness demand and increasing property values. Trends indicate a preference for locations with heavy foot traffic and close proximity to transportation ensuring these areas remain choices, for retail enterprises.
Some popular areas in Toronto for purchasing retail properties include Downtown Toronto, particularly in areas like the Entertainment District and the Financial District, Yorkville for high-end retail, and Queen Street West known for its vibrant shopping scene. Other promising areas include North York and Scarborough due to their increasing development and growth.
Foreign investors can indeed purchase retail properties in Toronto, Ontario. There are no restrictions on foreign ownership of commercial real estate in Canada, though certain taxes may apply. More info: “Buy a Business in Canada as a Foreign Entrepreneur”.
You should consider factors such as the location's customer footfall, accessibility, local competition, property condition, and any local zoning or planning laws. It's also important to understand the market rate for similar retail spaces in Toronto and growth projections for the area.
You can find listings for retail properties available for sale in Toronto, Ontario by searching websites such as Find Businesses 4 Sale. Also, contacting local real estate agents or brokers who specialize in commercial properties could also provide access to potential listings.
For those interested in more diverse investment opportunities, consider exploring industrial properties for sale in Toronto listings, which can accommodate various manufacturing and storage needs.
Additionally, mixed use properties for sale in Toronto offer a blend of residential and commercial spaces, making them an attractive option for investors looking to maximize their returns through versatile usage. If renting is more suitable for your business plan, there are numerous commercial properties for rent in Toronto that provide flexibility and immediate occupancy.
For development projects, there is ample land for sale in Toronto, offering the potential to build customized properties tailored to specific business requirements. Lastly, commercial plazas for sale in Toronto present opportunities for owning multiple retail units within a single location, ensuring high foot traffic and visibility for businesses.
Foot traffic is a crucial factor when selecting a retail property in Toronto. High foot traffic areas, such as Queen Street West and Yonge Street, increase the visibility of your business and attract more potential customers, which can significantly enhance your sales and business success.
https://www.toronto.ca/zoning/bylaw_amendments/ZBL_NewProvision_Chapter40_10.htm
Discovering the best deals on Commercial Properties in Toronto, Ontario requires thorough research. Take into account factors such as location, size, amenities, and future growth potential. Explore the three most popular offers:
Retail Property at 2909 DUNDAS STREET W , Retail Property at 621 VAUGHAN ROAD and Retail Property at 4 - 5484 TOMKEN ROAD .
The average price of Commercial Properties in Toronto, Ontario is influenced by various factors. On average, prices range from $1,762,198. However, conducting a comprehensive market analysis is essential to grasp specific pricing trends in your desired area.
Find comprehensive information about Commercial Properties in Toronto, Ontario on Find Businesses 4 Sale! Explore our catalog of offers, and if you have any questions, feel free to contact us; we're here to help! Meanwhile, consider checking out the three newest listings:
Retail Property at 2909 DUNDAS STREET W , Retail Property at 621 VAUGHAN ROAD and Retail Property at 4 - 5484 TOMKEN ROAD . .
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