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$6,350,000
Est. payment /mo
6,739 SqFt
UPDATED:
10/23/2024 08:04 PM
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 6,739 sqft
Price per Sqft $942
MLS Listing ID C9508050
Annual Tax Amount $66,303
Tax Year 2024
Property Description
Rare opportunity to purchase a fully leased, AAA tenanted commercial asset on Yonge St, steps from the corner of Yonge and Bloor. This institutionally owned asset is well-located and benefits from incredible foot traffic and notable density nearby. Property generates strong immediate income and benefits from rent growth within the long-term leases. Additional value-creation opportunity available through re-leasing of under-market rents upon lease maturities.
Location
Province ON
County Toronto
Zoning CR- Commercial Residential
Interior
Cooling Yes
Exterior
Community Features Public Transit
Utilities Available Available
Parking Type None
Others
Security Features Yes
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Listed by CBRE LIMITED