563 Bloor St W

Toronto C01 | University | M5S 1Y6
  • 2335.77 sqft
  • 0 gar

$5,400,000

Est. Mtg $18,310 /mo
  • Days on market

    41

  • Status

    A

Listing Broker RE/MAX PREMIER INC.
Since listed: 0 views

Home details

MLS #:

C12009737

Property type:
Commercial/Retail
Style:
Taxes:
$32,021
Possession:
Immediate
Condo Fee:
Lot Size:
21.5 X 106.91
Zoning:
CR3 (c2; r2.5)*2395)
Use:
Hospitality/Food Related
Heat:
Gas Forced Air Open

Description


563 Bloor St W, , Toronto, Ontario is a Commercial/Retail property in Toronto C01 and in the University community in the M5S 1Y6 postal code


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. Contact us today to learn more and schedule a viewing!.

Extras

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Payment calculator

$20978 monthly. In association with: TD Bank
%
  • Principal and Interest
    18310 /mo
  • Property Taxes
    $2668 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Gunpreet Kochar, Realtor

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