Prominent renovated corner building offering approximately 5936 total sq. ft., with 2488 sq. ft. of commercial space on main, 1885 sq. ft in basement and 1563 sq. ft. of residential space above. This is a strong, hands-off investment opportunity with the potential to rent to two tenants generating over $139,000 annually. The property has been renovated with updated mechanical systems, separately metered, providing peace of mind for long-term ownership. Features a stable, long-term commercial lease in place since 2014, with approximately 8 years remaining on the lease and potential for escalating as of Aug 2027. Tenant pays $7,716 per month, totaling $92,592 annually. The second floor offers vacant possession of a luxurious 3-bedroom, 2-bath apartment, ideal for an owner-occupier or to achieve full market rent and maximize returns. Potential to explore future expansion or redevelopment.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Total Area:
4051 sq. ft. Square Feet
Total Area:
4,051 sq. ft.376 m2
Lot Depth:
100'2"30.5 m
Lot Frontage:
25'7.62 m
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
CR2.5(c1;r2)*1584)
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
60-90 Days
Lot Irregularities:
Irregular
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$24,024.49 /
2025
Assessment:
$- /
-
Toronto
Toronto C01
Little Portugal
Stainless Steel Stove, S/S Refrigerator, S/S Dishwasher, S/S Hood Fan. Washer and Dryer. All Electrical Light Fixtures, Furnace, Air conditioner and HWT.
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