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University · M5S 1Y6
$3,900,000
MLS® #C12467579
3
Bathrooms
About This Property
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!
General Information
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Estimated monthly payment
$19,160
Down payment: $780,000 · Loan: $3,120,000
Estimate only. Actual rates and payments vary by lender.
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Listing courtesy of:
RE/MAX PREMIER INC.
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Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.