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 UoT which is host over 60.000 students makes high value for the property. (id:60365)
| MLS® Number | C12402916 |
| Property Type | Retail |
| Community Name | Kensington-Chinatown |
| AmenitiesNearBy | Public Transit |
| CoolingType | None |
| HeatingFuel | Electric |
| HeatingType | Forced Air |
| SizeExterior | 15000 Sqft |
| SizeInterior | 15000 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 140 Ft |
| SizeFrontage | 45 Ft |
| SizeIrregular | Bldg=45 X 140 Ft |
| SizeTotalText | Bldg=45 X 140 Ft |
| ZoningDescription | Commecial And Residential |
Melinda Wu
Broker of Record
Yaqi Zeng
Broker