563 BLOOR STREET W
Toronto (University), Ontario
MLS® C12467579
$3,900,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C12467579
- Bedrooms
- —
- Bathrooms
- 3
- Year built
- —
1 / 14Listing description
An Exceptional Commercial Investment Opportunity Awaits In The Heart Of Toronto's Highly Sought-After Annex Neighborhood, With Proximity To The University Of Toronto's St. George Campus. This Three-Story Building, Complete With A Basement, Offers Immense Potential For Savvy Investors Looking To Capitalize On The Prime Location And Vibrant Surrounding Area.
The Building Features Two Spacious, Well-Maintained Apartments On The Second And Third Floors, Offering Consistent Rental Income Potential Or The Opportunity For Conversion Into Higher-End Residential Units. One Of The Units Is Currently Used As An Office Space. On The Main Floor, You'll Find A Thriving, Fully Operational Restaurant, Benefiting From Unparalleled Visibility And Foot Traffic In This Bustling Urban Area.
The Restaurant Attracts A Steady Stream Of Customers, Including University Students, Faculty, And Local Residents, Making It A Prime Spot For Continued Success Or Potential Repositioning. The Full Basement Provides Valuable Storage Space, With Potential For Additional Development To Further Maximize The Property's Value. This Property Is Ideally Situated Near Transit, Dining, Shopping, And Cultural Hotspots, Placing It At The Center Of A Rapidly Growing And Dynamic Community.
With The University Of Toronto's St. George Campus Just Steps Away, The Location Offers Long-Term Growth Potential And A Unique Opportunity For Commercial Investors To Expand Their Portfolio In One Of Toronto's Most Vibrant Neighborhoods. Don't Miss Out On This Incredible Opportunity!
Property summary
- MLS® number
- C12467579
- Property type
- Retail
- Square footage
- 2,336 sq ft
- Land size
- Bldg=21.5 x 106.91 FT
- Annual property taxes
- $32,020.63
- Days on market
- 316 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $3,900,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX PREMIER INC., VAUGHAN.
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.