Prime Mixed-Use Investment Opportunity in Downtown Toronto! Exceptional commercial property with residential component, ideally located just a 3-4 minute walk from the University of Toronto. The upper level features a well-maintained 2-bedroom apartment with a full kitchen, perfect for student rental or personal use. The main and lower levels are both currently operating as food establishments, fully licensed for 140 patronsideal for a cafe, restaurant, or other food-related business. All three floors are fully leased, generating strong and stable rental income. Situated in a high-traffic, high-demand corridor surrounded by restaurants, cafes, bars and dessert shops. Close to major hospitals, public transit, and the Financial District. Additional features include a double-door front entrance, two rear parking spaces, and ample street parking. This property offers excellent rental income from both commercial and residential tenants. A rare opportunity to own a turn-key investment in one of Toronto's most dynamic and sought-after neighbourhoods. (id:60365)
| MLS® Number | C12313719 |
| Property Type | Retail |
| Community Name | Kensington-Chinatown |
| EquipmentType | Water Heater |
| RentalEquipmentType | Water Heater |
| Appliances | Dryer, Washer, Window Coverings |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 3100 Sqft |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 126 Ft ,7 In |
| SizeFrontage | 16 Ft ,7 In |
| SizeIrregular | 16.66 X 126.6 Ft |
| SizeTotalText | 16.66 X 126.6 Ft |
| ZoningDescription | Commercial |
Jessie Bin Tang
Broker
Kelly Zhou
Salesperson
Andy Zhou
Salesperson