Bill Mantzoutsos
Very responsive to messages
Listing Details
Subtype: Storefront Retail/Residential
Year built: 1907
Zoning: CR 3.0, SS2
Parking spaces: 5
Floors: 2
Sale type: For investors
Tenancy: Multiple
Lot Size: 0.18 Acres
Description
Kay Real Estate Ltd. is pleased to present the opportunity to purchase 1219 Bloor Street West (the “Property”), a large corner building with ~80 feet of frontage on Bloor St. W. with access to the large rear laneway between Marguerette St. and St Clarens Ave in the heart of Bloordale Village. This Property is steps to Lansdowne TTC subway station and in close proximity to re-development projects in neighbouring Junction Triangle and Brockton Village with hundreds of new residential units having either recently been constructed or in the planning/approval stages. The ~10,600 sq. ft. Property (excluding the ~5,300 sq. ft. basement) is currently leased to a longstanding retail tenant and residential tenants with below market rents $/psf, leaving the potential to significantly improve holding income in the short to medium-term during any potential rezoning period. Surrounding development sites have upwards of 4x-5x FSI, resulting in larger scale for either condominium or rental apartment units. Relevant highlights of the property: • Building Sq. Ft: 10,600 + 5,300 basement • Freestanding: Yes • Commercial Tenants: 1 • Residential Tenants: 8 • Residential Mix: 6 x 1 bedrooms, 2 x 2 bedrooms • Commercial Rate: $25 psf net (main incl. basement) • Holding Income: Approx. NOI $222,000 • Property Taxes: Approx. $60,000 • Rear Laneway: Full Access • VTB Available?: Yes • VTB Terms: 75% LTV / 3 years / 3.0% • Heating: Natural Gas • Pricing Guidance: 2.25%-2.35% Cap Rate
Location & nearby
This listing is located in Toronto, ON M6H 1N6
Ask a question
Curious about any of the details? Ask the listing owner a question and get a quick answer.
Ask the agent a question about this listing in one click
- Can you send me more info?
- Can I book a showing?
- Is the price negotiable?
- Can you tell me more about the location?
- Ask your own question
Bill Mantzoutsos
Very responsive to messages
Looking for the right retail listing for you?
Established Franchise For Sale
Restaurant For Sale In Midtown Toronto - Mt Pleasant/davisville
Well Established Vape Shop For Sale
Investment Opportunity: Plaza Beside Subway Station In Toronto
7 Gas Stations With Property For Sale $5.2m To 14m
Prime New Retail At The Base Of The Queensway Park Condo
2 Storey Mixed Use Building In The Heart Of Corktown, Toronto
2 Storey Commercial/ Residential Building In Downtown Toronto
For Sale: Retail Investment Property At A Prime Location
Triplex With Commercial Space In The Basement For Sale In Toronto
Commercial Building For Sale In Toronto
3 Storey Brick Retail Building In Toronto
3 Floor Commercial W/ 5 Res. Can Be Redev To 36+ Units
Large Comm/res For Sale-vacant Property-can Be Redev Or Converted.
Equestrian Horse Hobby Farm In Canning, Annapolis Valley, Nova Scotia!
Commercial Building With Living Quarters In Spiritwood
Commercial And Residential Property For Sale In Kindersley
Commercial - Taber Fringe / Great Spot For Performance & Event Venue
4,500 Sqft Commercial Condo For Sale In Sherwood Park
Central Edmonton Building On Corner Lot
Prime Hillview Investment Property
Office Condos For Sale In Edmonton's Brewery District
Recently Built, Premium, One Story, Commercial Unit
Recently Built, Premium, One Story, Commercial Unit
Commercial Property For Sale In Cremona, Ab
For Sale: Car Wash Business With Retail Plaza
No Franchise Fee - Charley Biggs' Chicken Franchise Opportunity
Retail Investment Building For Sale In Toronto
3 Storey Brick Building With Retail And Residential Space For Sale
Freestanding - Potential Future Re-development Assembly Opportunity
Retail Building For Sale On Danforth Ave, Toronto
3 Storey Brick Retail Building In Toronto
2 Storey Commercial/ Residential Building In Downtown Toronto
2 Storey Mixed Use Building In The Heart Of Corktown, Toronto
Zonado is Canada's fastest growing commercial real estate and sale of business marketplace. Our goal is to help you buy, sell and lease better than ever before.
Need help?
Need help?
Zonado combines a diverse portfolio of commercial real estate and sale of business listings with an obsessive focus on technology. It enables you to buy, sell and lease better than ever before.
Need help?
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.