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$ 4,200,000
Est. payment | /mo
7 Baths
12,421 SqFt
$ 4,200,000
Est. payment | /mo
7 Baths
12,421 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 12,421 sqft
Price per Sqft $338
MLS Listing ID W9300271
Annual Tax Amount $49,677
Tax Year 2024
Property Description
Opportunity awaits with this incredible chance to own this flagship commercial building in the Baby Point Gates BIA - three levels of ~4000 Sq Ft (totaling 12,421 sf, including Lower Level). Four municipal addresses: 343, 345, 347, & 349 Jane. Some parking available up & down Jane St. The Main Floor is divided into two units: a boutique co-working space (The Office Corp (347); this business may also be for sale, inquire if interested) & the other unit is a catering kitchen (Baby Point Lounge (343&345)), both Main Floor units have front & rear entrances. The Lower Level is open concept w/9ft ceilings & is currently set up as a banquet hall. The 2nd Floor boasts 10ft ceilings w/Open concept layout, covered 8ft x 8ft skylight, currently a dance centre (The Pointe Dance (349)). Property available fully or partially tenanted, or vacant. All tenants wish to stay. Market Cap Rate Is ~5.5%. The possibilities are endless w/this huge building, which was originally built in 1927 as a 478-person capacity theatre, called 'The Mayfair Theatre'. This building has been part of the community's history for a long time!
Location
Province ON
County Toronto
Community Public Transit, Subways
Area Runnymede-Bloor West Village
Interior
Heating Yes
Cooling Yes
Exterior
Community Features Public Transit, Subways
Utilities Available Yes
Parking Type None
Others
Security Features Partial
Listed by CRESCENT REAL ESTATE INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN