Kensington-Chinatown, M5T 1M1
Description
Located in one of the best locations in Kensington Market, directly across from Tom's Place and Blackbird Baking Co., and alongside Jimmy's Coffee, this fully renovated mixed-use property offers exceptional visibility and long-term value. The commercial space features impressive high ceilings, a new HVAC system, newly installed floor-to-ceiling store-front windows, and a new front entrance that creates outstanding street presence and curb appeal. Situated on one of the deepest lots in Kensington Market, the property offers significant future expansion potential. It is currently fully leased to a longstanding, high-quality retail tenant with approximately three years remaining on the lease. The residential apartment benefits from its own separate street entrance and private rear patio. Offering a cap rate of over 6%, this is a rare opportunity to acquire a premier income-producing asset in one of Toronto's most sought-after neighbourhoods.
Features
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Category:
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Total Area: 2,100 sqft
- Office Area: 1,050 sqft
- Retail Area: 1,050 sqft
- Parking Types: Street
Details
- Zoning: Central Business District Commercial
- Tax: $ 16,130
- Alcohol Allowed: N
- Features: Public Transit
- C13417960
- Listing contracted with: CB METROPOLITAN COMMERCIAL LTD.
