Kalpesh Patel (KK)
Broker
Homelife/Miracle Realty Ltd., Brokerage
Independently owned and operated.
5010 Steeles Ave. west, Toronto, Nunavut M9V5C6
Cell: 416-418-7039Office: 416-747-9777Fax: 416-747-7135
$2,948,888
Available - For Sale
Listing ID: W9307273
1264 Bloor St West , Toronto, M6H 1N8, Ontario
| Discover A Premier Investment Opportunity At 1264 Bloor St W, A Mixed-Use Gem Offering Substantial Potential And Immediate Returns. This Corner Building Boasts Four Beautifully Renovated Residential Apartments And Three Strategically Positioned Commercial Units, Generating An Impressive Net Operating Income Of Approximately $140,000. With A 4.70% Cap Rate And Below-Market Rents, This Property Presents A Rare Chance To Elevate Your Portfolio With A Turn-Key Investment Poised For Growth. Located In One Of Toronto's Most Dynamic Neighbourhoods, 1264 Bloor St W Is Surrounded By A Thriving Community Rich In Culture And Convenience. The Property Benefits From A Constant Flow Of Both Vehicular And Pedestrian Traffic, Ensuring High Visibility And Steady Business For Commercial Tenants. The Proximity To Multiple Subway Stations And Excellent Transit Options Makes It Highly Accessible, Adding To Its Appeal For Residential Tenants. Blvd Parking Provides Additional Convenience For Both Residents And Customers.The Residential Apartments Have Been Tastefully Renovated Within The Last 12 Years, Offering Modern Amenities That Attract Quality Tenants. With Current Rents Below Market Value, There Is Potential To Increase The NOI, Reaching A 5.65% Cap Rate. This Property Is Ideally Positioned To Capitalize On The Area's Ongoing Growth And Development.An Appealing Building In A Bustling Location, 1264 Bloor St W Offers A Unique Blend Of Stable Income And Future Potential (Including Development Potential), Making It An Ideal Investment For Savvy Investors Looking To Expand Their Portfolio In One Of Toronto's Most Vibrant Areas. Don't Miss Out On This Opportunity To Own A Piece Of Prime Real Estate In A Highly Sought-After Community. |
| Extras: Marketing Package Available Upon Request. |
| Price | $2,948,888 |
| Minimum Rental Term: | 0 |
| Maximum Rental Term: | 0 |
| Taxes: | $20610.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 1264 Bloor St West , Toronto, M6H 1N8, Ontario |
| Postal Code: | M6H 1N8 |
| Province/State: | Ontario |
| Lot Size: | 25.00 x 100.00 (Feet) |
| Directions/Cross Streets: | Bloor & Lansdowne |
| Category: | Retail |
| Building Percentage: | N |
| Total Area: | 5000.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 2850 |
| Office/Appartment Area Code: | Sq Ft |
| Sprinklers: | N |
| Heat Type: | Other |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE URBAN REALTY |
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Kalpesh Patel (KK)
Broker
Dir:
416-418-7039
Bus:
416-747-9777
Fax:
416-747-7135
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Dovercourt-Wallace Emerson-Junction |
| Lot Size: | 25.00 x 100.00(Feet) |
| Tax: | $20,610 |
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