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Renanza Realty
For sale

186-188 STRACHAN AVENUE

Toronto (Niagara), Ontario

MLS® C13421522

$4,995,000

Status
Active
Property type
Retail
MLS® number
C13421522
Bedrooms
Bathrooms
Year built

Listing description

That Yellow Brick Building You've Always Admired At 186-188 Strachan Is Officially On The Market. The Selling Of This Coveted Building Presents A Rare Opportunity To Acquire A Prominent Mixed-Use Commercial Property In One Of Toronto's Most Desirable Urban Neighborhoods. Located Just South Of Queen Street West And Steps From The Gates Of Trinity Bellwoods Park, The Property Benefits From Exceptional Exposure, Flexible CR3 Zoning, And Strong Appeal To Investors, Owner-Users And Developers Alike.

The Property Features An Approximate 5000 Square Foot, Two-Storey, Mixed-Use Commercial Building Situated On A 52. 95 Ft X 65. 39 Ft Lot With Approximately 3462 Square Feet Of Site Area, 2 Car Boulevard Parking And Attached Garage.

Currently Used As One Retail Space With Two Office Spaces Above. Positioned Within The Highly Sought-After Queen West/Trinity Bellwoods Corridor, The Area Is Surrounded By Busy Retail, Hospitality, Residential, And Creative Commercial Uses With Excellent Connectivity To The Downtown Core, King West, Liberty Village, And Ossington Districts. Ideal For Investors Seeking Stable Long-Term Income From A Mixed-Use Asset With Retail And Upper-Floor Commercial Or Studio Leasing Potential.

The Property Also Offers An Exceptional Opportunity For Owner-Users, Including Creative Office, Hospitality, Wellness, Fitness, Design Studio, And Boutique Retail Operators Seeking Flagship Space With Operational Flexibility In A High Profile Urban Location. Flexible CR3 Zoning Further Supports Long Term Intensification And Adaptive Reuse Potential, Adding Significant Value For Redevelopment-Minded Purchasers. Exceptional Opportunity For Repositioning, Long Term Growth, And Value Appreciation In One Of Toronto's Most Dynamic Commercial And Residential Areas.

Vacant Possession By The End Of August. (Retail August 31/26, Front Office June 30/26, And Back Office Is Month To Month And Requires 30 Days Notice). See Attached Feature Sheet For Floor Plans & Survey

Property summary

MLS® number
C13421522
Property type
Retail
Building type
Residential Commercial Mix
Square footage
5,000 sq ft
Land size
52.95 x 65.39 FT ; See Survey
Annual property taxes
$46,829.34
Parking
2 spaces
Days on market
87 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $4,995,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$23,241 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of BOSLEY REAL ESTATE LTD., TORONTO.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.