2 Storey Commercial/ Residential Building In Downtown Toronto

$1,199,900

For Sale: in

2 Storey Commercial/ Residential Building In Downtown Toronto

Bill Mantzoutsos

Realtor

Very responsive to messages

Listing Details

Subtype: Storefront Retail/Residential, Storefront Retail/Office

Year built: 1906

Total building size (sq. ft.): 2200

Zoning: CR - Commercial/Residential

Parking spaces: 3

Floors: 2

Sale type: Ideal for both investors and owner-users

Tenancy: Multiple

Lot Size: 0.04 Acres

Financial Details

Net operating income: $49,938

Cap rate: 4.25%

Description

Amazing Opportunity For Investors And End Users In An Up And Coming Area! 2-Storey Commercial-Residential Building In The Heart Of Corktown, Downtown Toronto! Short Walk Away From The Trendy Canary District. Only Steps Away From TTC streetcar, Leslieville, Riverside And The Beaches, Shops, Restaurants And Everything Else Queen Street East Has To Offer! 3 Parking Spots Off The Laneway! Why Lease When You Can Own Your Own Building? Includes 2 Stoves, 2 Fridges, Existing Restaurant Equipment Incl. Industrial Hood Fan. Upstairs Residential Tenant Month To Month $1000 Incl. Exp. (Large 1 Bed+1 Bath). True Work-Live Option! Partially Finished Basement With 2 Washrooms.

Location & nearby

This listing is located in Toronto, ON M5A 1V2

508 Queen Street East, Toronto, Ontario, Canada

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Bill Mantzoutsos

Realtor

Very responsive to messages


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