Prime Redevelopment Opportunity First Time on Market Since 1946 !


Property

Website:https://www.nestseekers.com/4668196
Address:
Toronto C08 M5A 1Z7
Ownership: For Sale
Type: Unknown
Bedrooms: 3 BR
Bathrooms: 4
Pets: No Pets Allowed

Financials

Price:C2,999,888
($2,111,600)
(€1,858,500)
Annual Taxes:C8,653

Description

Prime Redevelopment Opportunity First Time on Market Since 1946! This mixed-use property offers endless potential for investors, developers, or end-users. Zoned CR and located in one of downtown Toronto's most rapidly evolving neighborhoods, its a rare chance to renovate, reposition, or redevelop in a high-demand corridor. The building features a fully leased main-floor retail space and two residential units above a one-bedroom apartment and a spacious two-storey, two-bedroom, two-bath unit. With stable rental income in place and flexible zoning, this site is ideal for those looking to create a fully commercial asset, maximize income potential, or hold for long-term appreciation. Just steps to TMU, Dundas Square, the Eaton Centre, St. Michaels Hospital, and multiple TTC lines. Walk Score 96. Bike Score 99. Surrounded by schools, parks, shops, and redevelopment projects, this is a true downtown gem with future-forward potential.

Amenities

  • Separate Hydro Meter

Contact

505 Park Ave, New York, NY 10022