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Toronto C03,ON M6C 2M2
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,692 sqft
Price per Sqft $1,708
Subdivision Humewood-Cedarvale
MLS Listing ID C12036408
Annual Tax Amount $7,081
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
Amazing opportunity to own a versatile mixed-use CORNER property. Perfect for investors, developers, or business owners. This high-exposure location offers multiple possibilities, from commercial use to residential redevelopment. Spacious lot with RA zoning, allowing for Residential Apartment development up to six stories.This property is located in Humewood-Cedarvale, a thriving area known for its mix of residential and commercial activity. Conveniently close to public transit, major roads, parks, and shopping centers. Ideal for businesses looking for strong foot traffic and exposure and for residential dwelling units for public transits. Main floor & basement has a convenience store that has been successfully operated for 45+ years with strong foot traffic and exposure. And the 2nd & 3rd floors are a 2-bedroom apartment with a separate side entrance. Enjoy the additional potential income from a large parking area at the rear. This sale includes both the business and the property all together. An excellent choice for investors looking to capitalize on Toronto market. Whether you are seeking rental income, commercial success, or long-term development potential, This is a property with endless potential possibilities.
Location
Province ON
County Toronto
Community Humewood-Cedarvale
Area Toronto
Zoning RA(d2.5*543) floor space index 2.5, 18m, 6 stories
Interior
Cooling Yes
Inclusions Property sold "as-is, where-is." Buyers and their agents to verify all measurement and zoning information. For store-related inquiries, please contact the listing agents.
Exterior
Community Features Public Transit,Subways
Utilities Available Yes
Lot Frontage 25.04
Lot Depth 143.18
Others
Security Features No