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$ 4,895,000
Est. payment | /mo
6,800 SqFt
$ 4,895,000
Est. payment | /mo
6,800 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,800 sqft
Price per Sqft $719
Subdivision Islington-City Centre West
MLS Listing ID W12173829
Annual Tax Amount $32,963
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Fantastic Opportunity To Acquire A Freehold Interest In A Portion Of A Mixed-Use Strip Plaza At The Corner Of Bloor And Kipling. Cap Rate Above 5% At Asking Based On Current And Projected Income. The Property Consists Of 4 Beautifully Renovated Ground Floor Retail/Commercial Units, 4 Upgraded Second Floor Apartments, 3 with 3 Bedrooms, 1 with 2 Bedrooms, In Suite Laundry And A Bathroom. In Addition, Each Retail/Commercial Unit Includes A Spacious Basement With Rear Access Garage. Hundreds Of Thousands Spent On Building Upgrades. Massive Potential Redevelopment Upside In The Mid To Long Term.
Location
Province ON
County Toronto
Community Islington-City Centre West
Area Toronto
Zoning CR
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 69.42
Lot Depth 125.19
Others
Security Features No
Listed by INDUSITE REALTY CORPORATION
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