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$ 5,700,000
Est. payment | /mo
3 Baths
7,351 SqFt
$ 5,700,000
Est. payment | /mo
3 Baths
7,351 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 7351
Square Footage 7,351 sqft
Price per Sqft $775
Subdivision Weston-Pellam Park
MLS® Listing ID W13124862
Property Description
Prime West End Toronto Commercial Investment & Development Opportunity. An exceptional opportunity awaits investors and developers in one of Toronto's most dynamic and rapidly evolving west end neighbourhoods. This versatile mixed-use commercial property comprises two single-storey buildings totalling 6,815 sq ft, along with a vacant parking lot offering 13 dedicated surface spaces - all situated on a strategically positioned site poised for transformative growth. The first building features a thriving 1,476 sq ft restaurant space complete with a 536 sq ft basement, ideal for continued food and beverage operations or repositioning. The second building, a substantial 5,336 sq ft, offers flexible commercial utility suited to a wide range of business uses.What truly sets this offering apart is its remarkable development potential. Nestled adjacent to three newly constructed condominium towers, the property sits at the heart of an established and accelerating intensification corridor. A proposed development application for a 12-storey residential condominium building consisting of 91 units further underscores the site's exceptional density potential and the municipality's confidence in the area's continued upward trajectory. Whether you're an investor seeking stable income with significant upside, or a developer looking to capitalize on a market-ready site with a clear path forward, this property represents a rare chance to secure a foothold in one of Toronto's most sought-after and supply-constrained urban corridors. Don't miss your opportunity to be part of the next chapter of Toronto's west end renaissance. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 13
Garage No
Private Pool No
Listed by RIGHT AT HOME REALTY
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Franco Maione
Real Broker