Description
Rare Down Town opportunity to own a 3 storey prime commercial property in vibrant Baldwin Village, one of the most unique streets in Toronto. The street is lined with cafes, coffee shops and restaurants. The building was constructed in 1988 with the first floor of Approx:1600 sq ft Plus a lot of storage in the basement. and 2 residential units above (1000 sq ft/unit) with 3 bedrm &1 both in each unit. Both units are fully rented.*Fully New Renovated Japanese Restaurant 5 years ago,. Fully Liquor Licensed With Approx. 75 Seats Also Seating At Patio. 2 Parking Spaces At Rear Thru Lane Way. Present Lease end last year Aug 31, 2024. Basic Rent $4073.99/Month, Property Tax $1121.85. Building Ins: $185.93. Total: $5381.77+Hst=$6085 /Mo Suitable for both investors and owner operated restaurant. The area is close to U of T; 4 major teaching hospitals, Government offices, major TTC.
Additional Details
-
- Community
- Kensington-Chinatown
-
- Total Area
- 4400
-
- Lot Size
- 29.99 X 80 Ft.
-
- Building Type
- Commercial Retail
-
- Taxes
- $12133.56 (2024)
-
- Garage Type
- None
-
- Air Conditioning
- Partial
-
- Heating Type
- Gas Forced Air Open
-
- Zoning
- Residential/Commercial
-
- Listing Brokerage
- RE/MAX PRIME PROPERTIES - UNIQUE GROUP
