Toronto C08 M5B 1H2
Canada

Property

Ownership: For Sale
Type: Unknown
Pets: Pets No

Financials

Price:C7,500
($5,373)
(€4,611)
Annual Taxes:C2,500
505 Park Ave, New York, NY 10022

Exceptional opportunity in downtown Toronto approximately 2, 600 sq ft with potential for hostel, Airbnb, or creative rental use.

Description

Exceptional opportunity in downtown Toronto - approximately 2,600 sq/ft with potential for hostel, Airbnb, or creative rental use. Option to expand into adjacent buildings for up to 8,000 sq/ft total at an adjusted rate. Buildings require updating but offer strong upside in a prime location steps to Yonge & College, transit, shops, and restaurants. Flexible layout suited for lodging, co-living, or service-based operations (subject to municipal approvals and licensing). All zoning, permitted uses, and licensing to be verified by the City of Toronto; any required adjustments are the tenant's responsibility.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.