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 U oT which is host over 60.000 students makes high value for the property. (id:374)
| MLS # | C13669700 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 8 |
| Listing Provided By | RE/MAX ATRIUM HOME REALTY | YAQI ZENG |
| SQ Feet | 15,000 |
|---|---|
| Zoning | Commecial And Residential |
| Cooling | None |
|---|---|
| Heating | Forced air |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 85571.64 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Kensington-Chinatown) |
| Postal Code | M5T2G3 |
| Listing VS Median (in M5T2G3) | |
Price: $7,900,000 low | high Med: $2,688,000 sqft: 15,000 low | high Med: 3,600 $ / sqft: $527 low | high Med: $747 On site: 8 low | high Med: 126 | |
| Province | ON |
|---|---|
| City | Toronto (Kensington-Chinatown) |
| Postal Code | M5T2G3 |
| Listing VS Median (in M5T2G3) | |
Price: $7,900,000 low | high Med: $2,688,000 sqft: 15,000 low | high Med: 3,600 $ / sqft: $527 low | high Med: $747 On site: 8 low | high Med: 126 | |