Added 1 month ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Retail Store Related
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Zoning: Commercial
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Age: 31-50 years
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Taxes: 53250.88
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MLS®#: C9231419
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Days on Site: 21 Days
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Added: Jul 30, 2024 (1 month ago)
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Updated:
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Last Checked: 3 hours ago
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Listed By: VALUE INSIGHT REALTY INC.
Prime retail/office investment property. Potential for Developer or Investor. Tenanted by month to month Tenants on ground floor, and long term 2nd floor office lease in place with secure income. Located steps from UofT, Kensington Market, China Town, and in the heart of College. High traffic area with tons of new development. Steps from TTC, Green P Parking. Prominent visibility and exposure. Ground floor consists of two retail spaces of approx. 1600 SF occupied by phone store and 2800 sf formerly occupied by VR Tenant. Second floor of 4470 SF and is occupied by strong corporate Tenant. Full useable basement. Solid building in immaculate condition. Phase 1 and 2 Environmental can be provided from 2015. Please do not approach any existing Tenants.
Extras
Buyers and brokers much execute the enclosed confidentiality agreement to obtain access to data room and property financials.
Property
Status: Sale
Type: Retail Store Related
Property Type: Commercial/Retail
Property Type: Retail
Age: 31-50
Area: Toronto
Community: Kensington-Chinatown
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Elevator: Public
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Fees
Tax Year: 2023
Taxes: $53,251
Taxes Type: Annual
Land
Cross Street: College & University
Municipality District: Toronto C01
Sewer: San+Storm
Lot Depth: 128.76 Feet
Lot Frontage: 38.13 Feet
Zoning: Commercial
Commercial Specific
Retail Area: 4470
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 8870
Total Area Metric: Sq Ft
Office Size: 4470
Office Size Metric: Sq Ft
Franchise: N
Tangible Property Included: N
Lot Code: Lot
Financial Statement: N
da Vinci School
Elementary: PublicBeverley School
Elementary: PublicKensington Community School School Junior
Elementary: PublicLord Lansdowne Junior and Senior Public School
Elementary: PublicRyerson Community School Junior Senior
Elementary: PublicKing Edward Junior and Senior Public School
Elementary: PublicOasis Alternative
Secondary: PublicSubway Academy II
Secondary: PublicHeydon Park Secondary School
Secondary: PublicContact Alternative School
Secondary: PublicLoretto College School
Secondary: CatholicCentral Technical School
Secondary: Public
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