Asking: $2,988,000.00
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 backson 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.
Size:
- Lot: 25.17 x109.76 feet
- Building: 5,889 sq. ft. Above Grade plus basement.
Additional Resources:
