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SaleCommercial Retail

2340 Bloor Street W

Toronto W02, ON M6S 1P3

Price

$1,750,000

Building Size

1,964 sq ft

Lot: 1,830 sq ft

MLS# W13793152 | Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Business Details

Property Use

Retail

Commercial Space & Financials

Retail Area

962 sq ft

Office / Apt Area

1,002 sq ft

Taxes (Annual)

$25,485

Industrial Specifications

Parking

1 spaces (None)

Lot Size

15' × 122'

Property Description

Prime Bloor West Village Mixed-Use Asset with Proven Stability & Immediate Upside. Exceptional opportunity on one of Toronto's premier retail corridors with high visibility and incredible pedestrian traffic. This two-storey building features a 962 sq. ft. main-floor retail unit currently occupied by a AAA tenant (Second Cup) with a highly secure 40+ year tenancy history in the 2nd year of a 10-year lease. Value-add potential lies in the vacant 1,002 sq. ft. 3-bedroom upper apartment with a projected market rent of $3,000/month. Plus, a spacious rear patio space for an additional seating area and 1 dedicated parking space. Ideally zoned CR (Commercial Residential), it provides exceptional flexibility for a variety of mixed-use applications and long-term redevelopment opportunities. The perfect acquisition for investors seeking a well-established commercial asset in the highly desirable Bloor West Village market. Rarely available opportunity and first time on the market in 50+ years!

Price & Status History

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Location

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2340 Bloor Street W, Toronto W02 M6S 1P3

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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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