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$ 1,750,000
Est. payment | /mo
3 Baths
1,964 SqFt
$ 1,750,000
Est. payment | /mo
3 Baths
1,964 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1964
Square Footage 1,964 sqft
Price per Sqft $891
Subdivision Runnymede-Bloor West Village
MLS® Listing ID W13793152
Property Description
Prime Bloor West Village Mixed-Use Asset with Proven Stability & Immediate Upside. Exceptional opportunity on one of Toronto's premier retail corridors with high visibility and incredible pedestrian traffic. This two-storey building features a 962 sq. ft. main-floor retail unit currently occupied by a AAA tenant (Second Cup) with a highly secure 40+ year tenancy history in the 2nd year of a 10-year lease. Value-add potential lies in the vacant 1,002 sq. ft. 3-bedroom upper apartment with a projected market rent of $3,000/month. Plus, a spacious rear patio space for an additional seating area and 1 dedicated parking space. Ideally zoned CR (Commercial Residential), it provides exceptional flexibility for a variety of mixed-use applications and long-term redevelopment opportunities. The perfect acquisition for investors seeking a well-established commercial asset in the highly desirable Bloor West Village market. Rarely available opportunity and first time on the market in 50+ years! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters
Cooling Partially air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 1
Garage No
Private Pool No
Building
Sewer Sanitary sewer
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Franco Maione
Real Broker