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$1,900,000
Available - For Sale
Listing ID: C12877894
Little Italy 3 Storey Mixed Use Building With Parking For Sale. 1 Commercial Ground Floor Unit + 3 Residential Units. Building Completely Vacant. Dream Opportunity To Start Your Own Business Or Rent Our Entire Building At Market Rents. Previous Rental Rates For Units Are As Follows: Main Floor Commercial Unit $3900/mth Gross Lease, Rear One Bedroom $1900/mth, 2nd Flr 2 Bedroom $2800/mth, 3rd Flr 2 Bedroom $2800/mth. All Units Plus Hydro W/ Sep Meters. 5 Hydro Meters In Total. Potential Annual Income $136,800 "As Is". Insurance $6,000/yr, Common Area Hydro $1,200/yr, Gas $3,500/yr, Water $3,700/yr. Opportunity For Value-Add Investor To Increase Income With Some Cosmetic Renovations. 1 Parking Spot In Rear Garage. Bsmt With Separate Entrance Also Has Potential For Additional Unit. Mechanically The Building Is Well Updated With No Major Cap-Ex Necessary. Positioned Along One Of The Most Desirable Sections Of College Street, This Building Sits In The Middle Of Toronto's Vibrant Little Italy District. The Area Is Known For Its Popular Eateries, Specialty Retailers, Local Markets, And Lively Coffee Spots That Draw Constant Foot Traffic. Convenient Streetcar Service Directly Outside The Property Makes Commuting Easy For Both Visitors And Occupants. Whether The Goal Is To Secure Dependable Rental Revenue, Create A Combined Residential And Workspace Environment, Or Simply Hold A Valuable Asset For The Future, The Property Offers Significant Flexibility. This Is A Rare Chance To Acquire A Versatile Investment In One Of Downtown Toronto's Most Dynamic And Sought-After Neighbourhoods.
Price $1,900,000
Taxes: $17,500
Tax Type: Annual
Occupancy by: Vacant
Address: 684 College Street , Toronto, M6G 1C1, Toronto
Postal Code: M6G 1C1
Province/State: Toronto
Directions/Cross Streets: College St. & Beatrice
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Category: Store With Apt/Office
Building Percentage: T
Total Area: 3,300
Total Area Code:  Square Feet
Office/Appartment Area: 2550
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Maintenance: 0
Sprinklers: No
Heat Type: Water Radiators
Central Air Conditioning: No
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX WEST REALTY INC.

684 College Street , Toronto, M6G 1C1, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Com - Store W Apt/Office
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Palmerston-Little Italy
Style:
Lot Size: x 99.84(Feet)
Approximate Age:
Tax: $17,500
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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