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)
| MLS® Number | C8470600 |
| Property Type | Retail |
| Community Name | Palmerston-Little Italy |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Size Exterior | 3051 Sqft |
| Size Interior | 3,051 Ft2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft ,9 In |
| Size Frontage | 20 Ft ,1 In |
| Size Irregular | Bldg=20.16 X 99.8 Ft |
| Size Total Text | Bldg=20.16 X 99.8 Ft |
| Zoning Description | Cr3(c1;r2.5)*1570) |
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