Added 4 months ago
-
Type: Commercial/Retail
-
Property Type: Commercial
-
Zoning: C
-
Age: 51-99 years
-
Taxes: 17616
-
MLS®#: W9284102
-
Days on Site: 138 Days
-
Added: Aug 29, 2024 (4 months ago)
-
Updated:
-
Last Checked: 53 minutes ago
-
Listed By: EASY LIST REALTY LTD.
For more information, please click Brochure button. Newly renovated Prime Property & Owner retiring & a REAR CHANCE to be for sale within 300m from the NEWELY approved 400K sqft of the NEW Etobicoke City Center Building Program & currently 9 towers under construction & another 4 being built on adjacent properties. A great Multi use income building for great investor EQUITY growth. Main floor is 1380 sqft PRIME commercial space plus 1380sqft basement with 3 washrooms & front & rear exits. Top floor is fully renovated has 2bdrm apt (2350/mth)at the front &1bdrm apt at the back ($2500/mth) 2 RENTAL INCOMES & tenants pay their own hydro. Large windows, well lit, well maintained with their own 3pcs washrooms, large eat in kitchens, new quart counter tops & sink/faucet with breakfast bar counter with 2 stainless steel fridges, 2 stoves & 2 washer & dryers & 2 stainless steel dishwashers, private entrances & central air condition in both apartments & newly upgraded 100 amp full electricity service, wires, main panel ,disconnect breaker & meter base, fully inspected & approved. Conveniently located near the NEWLY TRANSFORMED KIPLING SUBWAY TRANSIT HUB & ISLINGTON STATIONS which brings together TTC,GO TRANSIT & MIWAY Mississauga Transit connections.5 Major supermarkets in the area & 2 shopping malls & minutes drive to the airport. Now that the NEW Etobicoke Civic Center Building Program of 9 towers is under construction & SCHEDULED COMPLETION by 2028, it will BE A GREAT INVESTMENT at this point to acquire a PIECE OF THE ACTION to develop your equity considerably in just 3 remaining years. At which point property values will be through the roof in the area & the assumed" DOWNTOWN ETOBICOKE" commercial real estate market price will be fully established & solid equity acquired.
Extras
Only about 15% of comercial properties available for possible purchase in this vicinity since developers have already acquired and solidify their stake holdings of the other 85%.
Property
Status: Sale
Property Type: Commercial/Retail
Property Type: Multi-Use
Age: 51-99
Area: Toronto
Community: Islington-City Centre West
Availability Date: Negotiable
Inside
Air Conditioning: N
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Water Radiators
Elevator: None
UFFI: No
Freestanding: Y
Outside Storage: N
Water Supply: Municipal
Physically Handicapped-Equipped: N
Volts: 600
Amps: 200
Parking
Garage Type: None
Covered Parking Spaces: 4
Fees
Tax Year: 2024
Tax Legal Description: Plan 1602 PT Blk A
Taxes: $17,616
Taxes Type: Annual
Land
Cross Street: King
Municipality District: Toronto W08
Parcel Number: 075360148
Lot Depth: 141 Feet
Lot Frontage: 19.25 Feet
Zoning: C
Commercial Specific
Rail: N
Retail Area: 1367
Retail Area Metric: Sq Ft
Sprinklers: Part
Total Area: 2734
Total Area Metric: Sq Ft
Office Size: 1367
Office Size Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Crane: N
Lot Code: Building
Survey: Y
Wedgewood Junior School
Elementary: PublicRosethorn Junior School
Elementary: PublicIslington Junior Middle School
Elementary: PublicOur Lady of Peace Catholic School
Elementary: CatholicSt Gregory Catholic School
Elementary: CatholicOur Lady of Sorrows Catholic School
Elementary: CatholicEtobicoke Year Round Alternative Centre
Secondary: PublicBurnhamthorpe Collegiate Institute
Secondary: PublicEtobicoke School of the Arts
Secondary: PublicEtobicoke Collegiate Institute
Secondary: PublicRichview Collegiate Institute
Secondary: PublicBishop Allen Academy Catholic Secondary School
Secondary: Catholic
- — bath
- — bed
10&12-30 Titan Road, Toronto, Ontario • M8Z 5Y2 • Islington-City Centre West
- 5 bath
- 0 bed
1260 The Queensway, Toronto, Ontario • M8Z 1S2 • Islington-City Centre West
- 0 bath
- 0 bed
700-8-333 Bering Avenue, Toronto, Ontario • M8Z 3A8 • Islington-City Centre West