Toronto E01 M4L 1E9
Canada

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 2 BR
Bathrooms: 2

Financials

Price:C1,599,000
($1,158,000)
(€995,500)
Annual Taxes:C14,602
505 Park Ave, New York, NY 10022

Prime East End Toronto Corner Property End User Opportunity or Exceptional Redevelopment Potential Positioned on a highly visible, prestigious corner in Toronto's vibrant east end, this rare mixed use offering ...

Description

Prime East-End Toronto Corner Property - End-User Opportunity or Exceptional Redevelopment Potential Positioned on a highly visible, prestigious corner in Toronto's vibrant east end, this rare mixed-use offering presents a unique opportunity for investors, end users, and developers alike. Surrounded by a wave of new luxury condominium developments and just a short walk to the waterfront and Toronto's renowned Beaches, the location combines strong current income with outstanding future upside. The property features a well-established main floor commercial space currently operating as a convenience store, complemented by a spacious second-floor two-bedroom residential apartment. Both units are tenanted, providing immediate income stability while plans for repositioning or redevelopment are explored. The building includes a full-height basement with excellent access, offering additional storage or potential utility space. At the rear parking adds convenience and value-along with a detached freestanding shed structure that provides further flexibility for storage or ancillary use. Situated in a rapidly evolving neighbourhood with significant intensification, this high-profile corner lot is ideally suited for a variety of future uses, including boutique mixed-use redevelopment, upscale retail with residential above, or a long-term hold in one of Toronto's most desirable east-end corridors. Highlights: Prominent corner exposure with strong pedestrian and vehicular traffic Mixed-use building with commercial + residential income Large 2-bedroom apartment on the second floor Full-height basement with excellent access Rear parking + detached shed structure Steps to the Beaches, transit, and major amenities Surrounded by new luxury condo developments and neighbourhood growth. A rare chance to secure a cornerstone property in a thriving, high-demand community.

Amenities

  • Water Heater

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.