5,889 sqft
Partially Air Conditioned
Forced Air
$2,988,000
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. Currently configured as 5 large, beautifully updated, apartments with private terraces and up to a total of 14bedrooms, this property boasts the potential of achieving an estimated cap rate of over 6% for an investor. The building can also 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. Front entrance to lower level. A Green 'P' surface parking lot with electric charging stations and Bikeshare docks backs on 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. Seller may consider VTB 2nd mtge at terms to be negotiated. (id:63476)
Business
|
Business Type |
Residential |
|
Business Sub Type |
Apartments |
Property Details
|
MLS® Number |
W13430800 |
|
Property Type |
Multi-family |
|
Community Name |
Junction Area |
|
Amenities Near By |
Public Transit |
Building
|
Age |
100+ Years |
|
Appliances |
Dishwasher, Dryer, Microwave, Washer |
|
Cooling Type |
Partially Air Conditioned |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Size Interior |
5,889 Sqft |
|
Type |
Multi-family |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Land Amenities |
Public Transit |
|
Size Depth |
109 Ft ,9 In |
|
Size Frontage |
25 Ft ,2 In |
|
Size Irregular |
25.17 X 109.76 Ft |
|
Size Total Text |
25.17 X 109.76 Ft |
|
Zoning Description |
Cr2.5 (c1; R2)2220 |