Toronto W03 M6N 1J4
Canada

Property

Ownership: For Sale
Type: Unknown
Bathrooms: 3

Financials

Price:C5,700,000
($4,160,200)
(€3,551,500)
Annual Taxes:C56,263.28
505 Park Ave, New York, NY 10022

Prime West End Toronto Commercial Investment amp ; Development Opportunity.

Description

Prime West End Toronto Commercial Investment & Development Opportunity. An exceptional opportunity awaits investors and developers in one of Toronto's most dynamic and rapidly evolving west end neighbourhoods. This versatile mixed-use commercial property comprises two single-storey buildings totalling 6,815 sq ft, along with a vacant parking lot offering 13 dedicated surface spaces - all situated on a strategically positioned site poised for transformative growth. The first building features a thriving 1,476 sq ft restaurant space complete with a 536 sq ft basement, ideal for continued food and beverage operations or repositioning. The second building, a substantial 5,336 sq ft, offers flexible commercial utility suited to a wide range of business uses.What truly sets this offering apart is its remarkable development potential. Nestled adjacent to three newly constructed condominium towers, the property sits at the heart of an established and accelerating intensification corridor. A proposed development application for a 12-storey residential condominium building consisting of 91 units further underscores the site's exceptional density potential and the municipality's confidence in the area's continued upward trajectory. Whether you're an investor seeking stable income with significant upside, or a developer looking to capitalize on a market-ready site with a clear path forward, this property represents a rare chance to secure a foothold in one of Toronto's most sought-after and supply-constrained urban corridors. Don't miss your opportunity to be part of the next chapter of Toronto's west end renaissance.

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.