Toronto E02 M4C 1K4
Canada

Property

Ownership: For Sale
Type: Unknown

Financials

Price:C3,988,888
($2,930,100)
(€2,505,000)
Annual Taxes:C24,038.32
505 Park Ave, New York, NY 10022

Income producing property investment opportunity within 300m radius of a TTC Station.

    Description

    Income producing property investment opportunity within 300m radius of a TTC Station. This rare, wide 44.5ft frontage property features two combined mixed-use buildings, fully leased with stable, multi-stream income. The asset includes a flagship anchor restaurant (LLBO) on the main/lower levels, a basement office, and four residential apartments. Located in a rapidly densifying Transit-Oriented Community (TOC) steps from Woodbine TTC Subway Station. Recent 2024/2025 high-value upgrades include: two new high-efficiency IBC SL 20-160 hydronic boilers, new tankless water heater, and a full renovation of Unit 2183B. Features 10 tandem parking spaces with rear laneway access. A turn-key holding property with significant future redevelopment potential in a high-traffic urban hub. HST applicable to commercial portion only. Seller and Buyer to agree on price allocation at time of offer.

    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.