3810- 3812 Bloor ST W new

Toronto W08,ON M9B 6C2

$ 4895000

- Bed

- Bath

6800 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 6,800 sqft

Price per Sqft $719

Subdivision Islington-City Centre West

MLS Listing ID W12173829

Annual Tax Amount $32,963

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Fantastic Opportunity To Acquire A Freehold Interest In A Portion Of A Mixed-Use Strip Plaza At The Corner Of Bloor And Kipling. Cap Rate Above 5% At Asking Based On Current And Projected Income. The Property Consists Of 4 Beautifully Renovated Ground Floor Retail/Commercial Units, 4 Upgraded Second Floor Apartments, 3 with 3 Bedrooms, 1 with 2 Bedrooms, In Suite Laundry And A Bathroom. In Addition, Each Retail/Commercial Unit Includes A Spacious Basement With Rear Access Garage. Hundreds Of Thousands Spent On Building Upgrades. Massive Potential Redevelopment Upside In The Mid To Long Term.

Location

State ON

County Toronto

Community Islington-City Centre West

Area Toronto

Zoning CR

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 69.42

Lot Depth 125.19

Others

Security Features No

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