Added 2 months ago
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Type: Commercial/Retail
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Property Type: Commercial
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Zoning: Cr2.5(C1;R2*1563
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Age: No Data
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Taxes: 49677.21
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MLS®#: W9300271
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Added: Sep 05, 2024 (2 months ago)
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Updated:
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Last Checked: 8 hours ago
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Listed By: CRESCENT REAL ESTATE INC.
Opportunity awaits with this incredible chance to own this flagship commercial building in the Baby Point Gates BIA - three levels of ~4000 Sq Ft (totaling 12,421 sf, including Lower Level). Four municipal addresses: 343, 345, 347, & 349 Jane. Some parking available up & down Jane St. The Main Floor is divided into two units: a boutique co-working space (The Office Corp (347); this business may also be for sale, inquire if interested) & the other unit is a catering kitchen (Baby Point Lounge (343&345)), both Main Floor units have front & rear entrances. The Lower Level is open concept w/9ft ceilings & is currently set up as a banquet hall. The 2nd Floor boasts 10ft ceilings w/Open concept layout, covered 8ft x 8ft skylight, currently a dance centre (The Pointe Dance (349)). Property available fully or partially tenanted, or vacant. All tenants wish to stay. Market Cap Rate Is ~5.5%. The possibilities are endless w/this huge building, which was originally built in 1927 as a 478-person capacity theatre, called 'The Mayfair Theatre'. This building has been part of the community's history for a long time!
Extras
Excellent mechanical equipment throughout the building. 600V 3-Phase Power; multiple Gas & Hydro meters; high-flow nat gas line; 2" high-flow water line; new facade & glazing; security; development study, financials, floor plans available
Property
Status: Sale
Property Type: Commercial/Retail
Property Type: Multi-Use
Area: Toronto
Community: Runnymede-Bloor West Village
Availability Date: Flexible
Inside
Bathrooms: 7
Air Conditioning: Y
Washrooms: 7
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Freestanding: Y
Water Supply: Municipal
Volts: 600
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: See Schedule B
Taxes: $49,677
Taxes Type: Annual
Land
Cross Street: S Of Annette St; N O
Municipality District: Toronto W02
Lot Depth: 108.5 Feet
Lot Frontage: 40.5 Feet
Lot Irregularities: 4 addresses incl: 343
Zoning: Cr2.5(C1;R2*1563
Additional Media
- Virtual Tour: https://youriguide.com/di1db_347_jane_st_toronto_on
Shipping Doors
Clearing Height (ft): 9
Commercial Specific
Retail Area: 4000
Retail Area Metric: Sq Ft
Sprinklers: Part
Total Area: 12421
Total Area Metric: Sq Ft
Area Influence: Public Transit
Area Influence: Subways
Lot Code: Lot
King George Junior Public School
Elementary: PublicSt James Catholic School
Elementary: CatholicJames Culnan Catholic School
Elementary: CatholicSt Pius X Catholic School
Elementary: CatholicHumbercrest Public School
Elementary: PublicRunnymede Junior and Senior Public School
Elementary: PublicFrank Oke Secondary School
Secondary: PublicThe Student School
Secondary: PublicUrsula Franklin Academy
Secondary: PublicRunnymede Collegiate Institute
Secondary: PublicWestern Technical & Commercial School
Secondary: PublicHumberside Collegiate Institute
Secondary: Public
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- 0 bed
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