Type
Commercial/Retail
Age
31-50 years
Days Listed
92
Last Updated
1 month ago

Ask about this home

Rafal Starmach

Sales Representative at Right at Home Realty Inc, Brokerage

  Yes 

Description

**Vacant! Perfect User Or Investment Opportunity", Fully Fixtured Restaurant In The Base Sought-After "The Summit" Bldg. Turn-Key Opportunity To Own/Operate A Premium, Never-Seen-Before, Retail Asset On King St W. The Property Consists Of Approx 1,766 Sq Ft Of Retail Area Featuring A Stainless Steel Kitchen, Dining Room, Built Out Bar & Over 70 Ft Of Frontage.

Extras

Includes A Remarkable 2,036 Sf Patio (Approx. 80 Seats), Unparalleled Pedestrian Traffic/Office/Res Density. This Opportunity Is Perfect For Any User Or Investor Looking To Own An Asset On The Best Entertainment Strip In The Downtown Core.

Features

Facts
Type:Commercial/Retail
Age:31-50 years
Type:Q.
Property Type:CommercialProperty
Taxes:21182.5
Zoning:Former General Z
Days On Market:35
Listed by:CUSHMAN & WAKEFIELD, BROKERAGE
Age:31-50
MLS®#:C4576559
Property Type:Commercial/Retail
Type:Hospitality/Food Related
Property Type:Retail
Property
Status:Sale
Type:Q.
Type:Hospitality/Food Related
Property Type:CommercialProperty
Property Type:Commercial/Retail
Property Type:Retail
Age:31-50
Community:Niagara
Availability Date:Immediate
Inside
Air Conditioning:Y
Building
Heat Type:Elec Forced Air
Elevator:None
UFFI:No
Freestanding:N
Water Supply:Municipal
Physically Handicapped-Equipped:Y
Parking
Garage Type:None
Fees
Tax Year:2019
Tax Legal Description:Unit 5, Level 1, Metropolitan Toronto Condo 681
Taxes:21182.5
Commercial Condo Fees:1584
Taxes Type:Annual
Land
Cross Street:King St. West/Tecums
Municipality District:Toronto C01
Lot Depth:20
Lot Frontage:70
Lot Size Units:Feet
Zoning:Former General Z
Municipality:Toronto
Municipality District:Toronto
Commercial Specific
Retail Area:1766
Retail Area Metric:Sq Ft
Sprinklers:Y
Total Area:1766
Total Area Metric:Sq Ft
Area Influence:Major Highway
Area Influence:Public Transit
Lot Code:Building
Utilities
Utilities:Y
$2,295,000 - for Sale - MLS#: C4576559  

This commercial/retail property at 05 - 725 King Street West, Toronto, M5V2W9 is currently for sale for $2,295,000. This property has been listed on Home.ca for 13 weeks and can be financed with an estimated mortgage of $7,775 per month*. Yearly property taxes for this home are approximately $21,183.

725 King Street West is a Commercial/Retail home. The home's closest main intersection is King St. West/Tecums. The lot dimensions of this property are 70 x 20 Feet. The property is located in the Niagara neighbourhood in the city of Toronto, in the regional municipality of Toronto. Nearby neighbourhoods are Cabbagetown-South St. James Town, Downsview-Roding-CFB, Weston-Pellam Park, Humberlea-Pelmo Park W4, Bay Street Corridor.

This home is 31-50 years old. .

The garage is none. The property has central air for air conditioning.

Date of possession for this property is Immediate. This home was listed by CUSHMAN & WAKEFIELD, BROKERAGE according to MLS® Reciprocity.


Nearby Schools

Elementary Schools

St Mary Catholic School

JK-8, Catholic, 0.26 km

Niagara Street Junior Public School

JK-6, Public, 0.29 km

ALPHA Alternative Junior School

JK-6, Public, 0.59 km

Charles G Fraser Junior Public School

JK-6, Public, 0.70 km

Ryerson Community School Junior Senior

JK-8, Public, 0.90 km

Downtown Vocal Music Academy of Toronto

4-8, Public, 0.90 km

Secondary Schools

Oasis Alternative

9-12, Public, 0.60 km

City School

9-12, Public, 1.02 km

Subway Academy II

9-12, Public, 1.57 km

Heydon Park Secondary School

9-12, Public, 1.54 km

Msgr Fraser College (Southwest)

9-12, Catholic, 1.36 km

Contact Alternative School

9-12, Public, 1.64 km


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For property value of $2,295,000 and downpayment of 20% ($459,000), your mortgage will be $7,774.56

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