Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Address withheld at the seller’s request

Office
$430,000

Exceptional opportunity to acquire a commercial condo unit offering over 1200s.f. of professional office space in a highly accessible and sought-after location, feature with modern loft-style office on 2nd floor, enhanced by large windows that provide abundant natural light and create a bright, contemporary working environment, this flexible layout is well suited for a variety of professional, medical, administrative, or service oriented business. Ideally located just steps from TTC, easy access to DVP, mins to 401. Unit #503 and #506 are currently combined. Each unit may be purchased separately, or both units may be purchased together as a combined space.

MLS number
C13730098
Type
Office
Status
Active
Bedrooms
—
Bathrooms
1
Postal code
Withheld
Photos
7
Property tax
$4,204 / year
12days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

The seller withheld the addressNo map, nearby schools or school boundaries are shown, because all of them would reveal roughly where the property is.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 606 people.

$100,000Median household income
84.4%Own their home
52.3%Detached houses
49.2Median age
40.6%Born outside Canada
30.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35200452 — the few blocks around this address, home to 606 people. It describes the area, not this property.

606Population
46.3Average age
2.8Household size
$135,000Average household income
$100,000Median household income
84%Own their home
16%Rent
0%Condominiums
41%Born outside Canada
30%University degree
$1,170,000Average home value
9%Low income
80%Not in the labour force
27%Never married
$25,000 to $29,9992%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over34%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,99910%
$200,000 and over13%

Percentages are of the 310 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$86,000 · minimum here is $21,500
$1,903.95per month
Borrowed before insurance$344,000
Total borrowed$344,000
Interest over 25 years at 4.5%$227,184

If you rented it out

-$2,254.28per month out of pocket
Rent$0.00
Everything it costs to hold$2,254.28
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by IQI GLOBAL REAL ESTATE. Listing data provided by the Toronto Regional Real Estate Board.