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$ 7,900,000
Est. payment | /mo
8,940 SqFt
$ 7,900,000
Est. payment | /mo
8,940 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 8,940 sqft
Price per Sqft $883
Subdivision Kensington-Chinatown
MLS Listing ID C12377021
Building Age 31-50
Annual Tax Amount $53,250
Tax Year 2024
Property Sub-Type Investment
Property Description
Prime retail/office investment property. Potential for Developer or Investor. Tenanted by month to month Tenants on ground floor, and long term 2nd floor office lease in place with secure income. Located steps from U of T, Kensington Market, China Town, and in the heart of College. High traffic area with tons of new development. Steps from TTC, Green P Parking. Prominent visibility and exposure. Ground floor consists of two retail spaces of approx. Ground can be vacant if required. 1,600 SF occupied by phone store and 2,800 SF formerly occupied by VR Tenant. Second floor of 4,470 SF and is occupied by strong corporate Tenant. Full useable basement. Solid building in immaculate condition. Phase 1 and 2 Environmental can be provided from 2015. Please do not approach any existing Tenants.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Zoning Commercial
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 38.13
Lot Depth 128.76
Others
Security Features No
Listed by VALUE INSIGHT REALTY INC.
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