+35 more
4,051 sqft
Building Area
About This Property
This retail in Toronto offers 4,051 sqft of building area. The property has lot dimensions of 25 x 100.15 FT ; Irregular. The home features forced air, natural gas heating, fully air conditioned.
MLS Remarks
Prominent renovated corner building offering approximately 5936 total sq. ft., with 2488 sq. ft. of commercial space on main, 1885 sq. ft in basement and 1563 sq. ft. of residential space above. This is a strong, hands-off investment opportunity with the potential to rent to two tenants generating over $130,000 annually. The property has been renovated with updated mechanical systems, separately metered, providing peace of mind for long-term ownership. Features a stable, long-term commercial lease in place since 2014, with approximately 8 years remaining on the lease and potential for escalating as of Aug 2027. Tenant pays $7,716 per month, totaling $92,592 annually. The second floor offers vacant possession of a luxurious 3-bedroom, 2-bath apartment, ideal for an owner-occupier or to achieve full market rent and maximize returns. Potential to explore future expansion or redevelopment. (id:60351)
Inclusions
Stainless Steel Stove, S/S Refrigerator, S/S Dishwasher, S/S Hood Fan. Washer and Dryer. All Electrical Light Fixtures, Furnace, Air conditioner and HWT.
Overview
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