09-879 Bay Street, Toronto | Image 1

09-879 Bay Street

Toronto, Bay Street Corridor

  • Commercial

$2,499,000
For Sale

Added 7 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: COMMERCIAL

  • Age: No Data

  • Taxes: 20640

  • MLS®#: C8153080

  • Days on Site: 13 Days

  • Added: Mar 15, 2024 (7 months ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: CENTRAL COMMERCIAL

Nestled at the vibrant intersection of Bay and Grosvenor in Toronto, Unit 9 at 879 Bay St offers a compelling opportunity for savvy investors eyeing a lucrative long-term venture. Situated just north of College, this bustling area pulses with urban vitality while retaining its unique charm. Your property resides in downtown Toronto's Commercial Center, ensuring continuous foot traffic and demand for street exposure. Surrounding the property are a mix of government and private offices, guaranteeing a stable tenant base. Boasting a successful franchise tenant and a substantial 9-year lease term, this property assures enduring value. Plus, two coveted parking spots enhance convenience and desirability. Dive into the potential of this prime location, where every glance sparks curiosity and every step unveils opportunity.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Area: Toronto

  • Community: Bay Street Corridor

  • Availability Date: FLEXIBLE

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Underground

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2023

  • Taxes: $20,640

  • Taxes Type: Annual

Land

  • Cross Street: Bay & Grosvenor

  • Municipality District: Toronto C01

  • Parcel Number: 123790009

  • Zoning: COMMERCIAL

Commercial Specific

  • Retail Area: 1245

  • Retail Area Metric: Sq Ft

  • Total Area: 1245

  • Total Area Metric: Sq Ft

  • Tangible Property Included: Y

  • Lot Code: Building

  • Financial Statement: N

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