840 Church St 6 & 7
Rosedale-Moore Park, Downtown Toronto, M4W 3Y5
FOR SALE
$1,199,000
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Property Description
Ground Floor Live/Work Condo In Yorkville Area. Permitted Use For Residential/Retail/Office. Unit Separated Into Residential Bachelor And Retail Area. Unique Property with Business Opportunity: This property includes a fully operational dry cleaning depot business and alterations sold together with the property. Turnkey Investment: The business comes with all equipment, inventory, and an established clientele, ready for immediate operation. Prime Location: Situated in a high-traffic area with excellent visibility, close to transit, shops, and key amenities in Toronto. Multiple Income Streams: Perfect for investors or owner-operators, combining potential rental income and business revenue. Property tax breakdown: Residential Unit: $1,294.65 - Commercial Unit (Dry Cleaning Depot Business): $3,393.14 - Total Property Tax: $4,697.81. Includes Full Use Of Facilities At 20 Collier St. **** EXTRAS **** Fridge, Stove, Dishwasher, Washer/Dryer, B/I Microwave (36970794)
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Extras
Fridge, Stove, Dishwasher, Washer/Dryer, B/I Microwave
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$4,688 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
840 Church St 6 & 7 is a 0-bedroom 2-bathroom condo listed for sale at $1,199,000, which is $784,044 (188.9%) higher than the average sold price of $414,956 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto increased by $17,116 (4.3%) compared to the previous 30 day period (September 21 - October 20) and down $7,488 (1.8%) from the same time one year ago.Inventory Change
There were 75 0-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is up 2.7% compared with the previous 30 day period (September 21 - October 20) and up 31.6% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($13,475) (3.2%) below asking price over the last 30 days (October 21 - November 19), which represents a $285 decrease compared to the previous 30 day period (September 21 - October 20) and ($7,671) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 0-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 33.3%, up from 30.1% over the previous 30 days (September 21 - October 20) and down from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 2-bathroom condo in Downtown Toronto stood at 34 days when successfully sold over the last 30 days (October 21 - November 19), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc.
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