For Sale

640 McCowan Road, Toronto E09, Ontario M1J 1K3

$2,498,000

640 McCowan Road, Toronto E09, Ontario M1J 1K3 is For Sale and has a listing price of 2,498,000. The property is located in the Toronto E09 . It's been on the website for 55 Days.

  • Land
    Property Type
  • 2
    Bathrooms
  • MLS ID: E6636326
  • Office Name RE/MAX ALL-STARS REALTY INC.
Property Description

WHY LEASE, BUY NOW! Excellent Location Factor, STEPS TO FUTURE TTC Subway at McCowan & Lawrence. Walk to Scarborough General Hospital, Crockford & Bendale Nursing Homes, Potential Income: $6-8K monthly. Suggest Re-Zoning to New Condos, Offices, Mixed -Use Development, Affordable Housing Program. This Property is Suitable For Investor/Developer for Excellent Lot/Land Assembly. IDEAL Family Investment, SUITABLE USES: Dental/Medical Uses, Physiotherapist, Chiropractor, Massage Therapist, Lawyers, Accountants, Realtor & Mortgage, Insurance Brokerages. Printing Shop Depot, etc. House Built in 1957. Copy of Survey Dated 08 March 2021. **EXTRAS** Detached Bungalow- 3- Upgraded BR, 2- Newer Baths, All Newer ELF’s, GB& E, CAC. Seller Spent Thousands on New Room, Rear Addition, Wood Fences, New Landscaping, New Storage Shed, & Newer Upgraded Windows, Fully Fenced Yard, Move In Ready.

Property Details
  • MLS ID: E6636326
  • Bathrooms: 2
  • Price: $2,498,000
  • Lot Depth: 109.81
  • Transaction Types: For Sale
  • Ref ID: E6636326
  • Year Built: N/A
  • Dir / Cross St: Lawrence McCowan
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 51-99
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto E09
  • $769,503 Average List Price
    based on 1 year
  • 295 New Listings
    based on 30 days
  • 133 Median Days on Market
    based on 1 year
  • List vs. Selling Price 139.86 % Up
  • Sold (12mo) 129
  • Rented (12mo) 471

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    36.01%
  • Commercial
    4.55%
  • Condo
    59.44%
Additional Details
  • Heat Type Y
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 2
  • Taxes: $3,412
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 90 Days/TBA
  • Listing Entry Date: 04/07/2023 22:58:51
Want to see this property?