For Sale
, Toronto, Ontario M5T2M1
Description
Investment Opportunity In The Heart Of Kensington Market! Building Is Fully Tenanted. With Main Floor Retail Space, 2-Storey Residential Apartment On 2nd & 3rd Floor With A Beautiful Patio Featuring City Views. Lower Level Retail Space Has And Is With Storage.Very Well Maintained Building With A Completed Newer Roof. Significantly Under Market Rents With Renewals Approaching, Opportunity To Increase Cap Rate Over 5%. Current Cap Rates Sitting At Around 4%.
Details
Updated on March 10, 2023 at 4:24 pm- Property ID: 3311808
- Price: $2,250,000
- Property Type: Store W/Apt/Office
- Property Status: For Sale
- MLS#: C5959349
- Office Name: RIGHT AT HOME REALTY, BROKERAGE
- MLS Status: Active
Additional details
- Extras: Popular Neighbourhood With Excellent Pedestrian & Car Traffic, Variety Of Restaurants, Boutique Shopping, Cafes & More. Just Steps To Queens Park, U Of T St. George Campus, Ttc & Subway. Sq Ft Includes Rear Covered Addition/Balcony.
- Air Conditioning: N
- Taxes: 10813.70
- Tax Year: 2022
- Community: Kensington-Chinatown
- Heating: Gas Forced Air Closd
- Basement: Y
Address
Open on Google Maps- Address ,
- City Toronto
- State/county Ontario
- Zip/Postal Code M5T2M1
- Area Toronto
- Country Canada
Overview
Property ID: 3311808
- Store W/Apt/Office
What's Nearby?
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- Education
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Toronto District School Board (0.17 mi)
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Motorsoul Riding School (0.22 mi)
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Braemar College (0.29 mi)
- Health & Medical
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Green & Frugal (0 mi)
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Head To Toe Health Centre (0.02 mi)
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Sugar & Spice (0.03 mi)
- Real Estate
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LoriAnn Toplak (0.85 mi)
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Joe Cicciarella - Real Estate Homeward (4.83 mi)
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Giulia Delannoy - Royal LePage Real Estate (5.53 mi)
