Added 2 days ago
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Type: Commercial/Retail
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Property Type: Commercial
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Business Type: Hospitality/Food Related
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Zoning: CR3 (c2; r2.5)*2
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Age: 51-99 years
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Taxes: 32020.63
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MLS®#: C12009737
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Added: Mar 10, 2025 (2 days ago)
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Updated:
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Last Checked: 43 minutes ago
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Listed By: RE/MAX PREMIER INC.
An exceptional commercial investment opportunity awaits in the heart of Toronto's highly sought-after Annex neighborhood, with proximity to the University of Toronto's St. George campus. This three-story building, complete with a basement, offers immense potential for savvy investors looking to capitalize on the prime location and vibrant surrounding area. The building features two spacious, well-maintained apartments on the second and third floors, offering consistent rental income potential or the opportunity for conversion into higher-end residential units. One of the units is currently used as an office space. On the main floor, you'll find a thriving, fully operational restaurant benefiting from unparalleled visibility and foot traffic in this bustling urban area. The restaurant attracts a steady stream of customers, including university students, faculty, and local residents, making it a prime spot for continued success or potential repositioning. The full basement provides valuable storage space, with potential for additional development to further maximize the property's value. This property is ideally situated near transit, dining, shopping, and cultural hotspots, placing it at the center of a rapidly growing and dynamic community. With the University of Toronto's St. George campus just steps away, the location offers long-term growth potential and a unique opportunity for commercial investors to expand their portfolio in one of Toronto's most vibrant neighborhoods. Don't miss out on this incredible opportunity. Contact us today to learn more and schedule a viewing!
Property
Status: Sale
Type: Hospitality/Food Related
Property Type: Commercial/Retail
Property Type: Multi-Use
Age: 51-99
Area: Toronto
Community: University
Availability Date: Immediate
Assessment Year: 2024
Inside
Bathrooms: 3
Air Conditioning: Y
Washrooms: 3
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Open
Elevator: None
Freestanding: N
Outside Storage: Y
Water Supply: Municipal
Physically Handicapped-Equipped: N
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: PT LT 22-23 PL 93 TORONTO AS IN CA437118; T/W CA437118; CITY OF
Taxes: $32,021
Taxes Type: Annual
Land
Cross Street: Bloor St West and Ba
Municipality District: Toronto C01
Sewer: San+Storm
Lot Depth: 106.91 Feet
Lot Frontage: 21.5 Feet
Zoning: CR3 (c2; r2.5)*2
Commercial Specific
Retail Area: 33
Retail Area Metric: %
Sprinklers: Y
Total Area: 2335.77
Total Area Metric: Sq Ft
Lot Code: Building
Soil Test: N
Kensington Community School School Junior
Elementary: PublicSt Francis of Assisi Catholic School
Elementary: CatholicClinton Street Junior Public School
Elementary: PublicHuron Street Junior Public School
Elementary: PublicPalmerston Avenue Junior Public School
Elementary: PublicKing Edward Junior and Senior Public School
Elementary: PublicMsgr Fraser Orientation Centre
Secondary: CatholicWest End Alternative School
Secondary: PublicMsgr Fraser College (Alternate Study) Secondary School
Secondary: CatholicLoretto College School
Secondary: CatholicHarbord Collegiate Institute
Secondary: PublicCentral Technical School
Secondary: Public
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