Positioned in the heart of trendy, high traffic Leslieville, this meticulously maintained mixed use property represents a turnkey investment with a great Net Operating Income and future development intensification upside.


Property

Website:https://www.nestseekers.com/5621416
Address:
Toronto E01 M4M 1J3
Canada
Ownership: For Sale
Type: Unknown

Financials

Price:C2,750,000
($1,955,600)
(€1,712,300)
Annual Taxes:C22,358.29

Description

Positioned in the heart of trendy, high-traffic Leslieville, this meticulously maintained mixed-use property represents a turnkey investment with a great Net Operating Income and future development intensification upside. The column-free, street-level commercial space features a prominent Queen Street East frontage with high pedestrian visibility, currently occupied by a well-established anchor restaurant with a secure, long-term lease. Above, two expansive, full-floor walk-up residential apartments boast bright layouts, high ceilings, and significant rental upside-ideal for premium market-rent leasing or a sophisticated owner-occupier suite. The building has been flawlessly upkept by the current owner with extensive, high-ticket capital improvements, including a complete roof replacement new skylights (May 2023), a new A/C (August 2023), and a new boiler installed (September 2024). Featuring a highly coveted rear lane access for convenient loading and parking, this property is entirely worry-free. Situated steps from Jimmie Simpson Park and the upcoming Ontario Line transit hub, this versatile asset combines immediate cash flow from premier local tenancy with long-term capital appreciation in Toronto's most sought-after east-end commercial corridor. A brochure with financial information about this Listing is available.

Amenities

  • Partial

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario