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817 Bloor Street W Toronto (Palmerston-Little Italy), Ontario M6G 1M1

3051 sqft
Fully Air Conditioned Other

$2,900,000

6.5 % CAP RATE- Commercial/Residential-a rare acquisition opportunity in this rapidly developing area of Bloor St.-investors, owner-users, renovators, builders - Great upside potential. Residential mortgage attainable. Seconds to 2 subway stations. Perfect location for young professionals and university students to rent. Since 2009 it has been fully occupied. Never been on the market until now!. Very low property taxes- Few 3 storey buildings along Bloor Street.- As of right to build an additional storey. Agent or owner does not warrant the retrofit status. Each residential unit has an interior balcony.Fully usable walkout basement. Building is attached only on one side. Residential 3rd floor unit has a large sky light. **** EXTRAS **** 3 fridges, 3 stoves, 1 washer, 1 dryer- 2 furnaces (gas high efficiency and gas hot water boiler) -HWT (rental), 3 hydro meters all updated electrical, approx. 80 pots lights installed. Plumbing all updated (id:31697)

Property Details

MLS® Number C8470600
Property Type Retail
Community Name Palmerston-Little Italy

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeExterior 3051 Sqft
SizeInterior 3051 Sqft
Type Residential Commercial Mix
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 99 Ft ,9 In
SizeFrontage 20 Ft ,1 In
SizeIrregular Bldg=20.16 X 99.8 Ft
SizeTotalText Bldg=20.16 X 99.8 Ft
ZoningDescription Cr3(c1;r2.5)*1570)

https://www.realtor.ca/real-estate/27081263/817-bloor-street-w-toronto-palmerston-little-italy-palmerston-little-italy

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