Junction Area, M6P 1Z2
Description
Located in the Best block in the Junction this meticulously maintained 3 storey property is just shy of 6,000 sq. ft, and is filled with character and possibilities. The building can be offered with vacant possession allowing for many possibilities for a user including LIVE/WORK, or the 2,241 sf main floor could be converted to a commercial use with souring 14' ceilings making a perfect location for a retail, hospitality, or services business with ample auxiliary income from the floors above. Currently configured as 5 large, beautifully updated, apartments with private terraces and up to a total of 14 bedrooms, this property boasts the potential of achieving an estimated cap rate of over 6% for an investor. Front entrance to lower level. A Green 'P' surface parking lot with electric charging stations and Bikeshare docks backs on to the property and is accessible by a rear gate. 24 hour bus at front door, walking distance to Bloor Subway, UP Express & Stockyards Mall.
Features
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Category:
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Total Area: 5,889 sqft
- Office Area: 3,648 sqft
- Retail Area: 2,241 sqft
- Parking Types: None
- Property Age: 100+
- Clear Heights: 14
- Electric Amps: 400
- Electric Voltage: 600
Details
- Zoning: ShoppingCenterCommercial
- Tax: $ 8,672
- Alcohol Allowed: N
- Features: Public Transit
- W12974410
- Listing contracted with: BOSLEY REAL ESTATE LTD.
