Kensington-Chinatown, M5T 2G3
Description
Rarely offered for Sale 3 building with Mixed-use commercial and residential. Current property has Commercial units at Ground-level retail units with established tenants providing stable monthly rental income and Residential at Upper-level residential apartments offering consistent occupancy and cash flow. Prime Location:Situated in one of Torontos most vibrant corridors, with high pedestrian and vehicular traffic, excellent transit access, and proximity to the citys cultural, shopping, and entertainment hubs. Development opportunity for a 60-unit apartment development of 15 floors allowing the buyer to significantly enhance the properties long-term value and income potential. Close to U oT which is host over 60.000 students makes high value for the property.
Features
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Category:
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Total Area: 15,000 sqft
- Retail Area: 6,500 sqft
- Parking Types: None
Details
- Zoning: Commercial
- Tax: $ 85,572
- Alcohol Allowed: N
- Features: Public Transit
- C14106828
- Listing contracted with: RE/MAX ATRIUM HOME REALTY
