Excellent investor opportunity with lots of character. Fully leased with excellent income offering a 4.8% cap rate. Two well established retail tenants (main and lower level) and two residential units (second and third levels). Two parking spaces with laneway access. Many upgrades including rear stairwell and decks, 200 amp service, 4 hydro meters, new roof and sub panels in each unit. This is a turn key investment property in the heart of Cabbagetown. Ideally located next to public transit, restaurants, bars, cafes and TMU.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
2755 sq. ft. Square Feet
Total Area:
2,755 sq. ft.256 m2
Retail Area:
1459 sq. ft. Sq Ft
Lot Depth:
100'30.5 m
Lot Frontage:
16'11"5.16 m
Water supply:
Municipal
Zoning:
Cr 1.5 (C1.0; R1.0) Ss2 (X1873)
Heating type:
Water Radiators
Garage:
Outside/Surface
Possession Details:
flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$15,346 /
2025
Assessment:
$- /
-
Toronto
Toronto C08
Cabbagetown-South St. James Town
Public Transit
No
Hot Water Tank
appliances in residential units (2 Fridge, 2 stoves, 2 dishwashers, 2 washers, 2 dryers, 2 microwaves, 4 split AC wall units)
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