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$1,088,000
Est. payment /mo
2,085 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,085 sqft
Price per Sqft $521
Subdivision Lambton Baby Point
MLS Listing ID W12068765
Annual Tax Amount $10,891
Tax Year 2024
Property Sub-Type Store W Apt/Office
Property Description
InTrust is pleased to offer for sale 262 Jane Street; a mixed-use property featuring one commercial unit at grade level, and one residential unit above with 2 beds, 1 bath, and a beautiful rooftop patio. Located within the Jane Protected Major Transit Station Area (PMTSA), this property offers multiple types of investors the opportunity to purchase a mixed-use property with solid income potential, favourable zoning by-laws and official plan designations, while also securing land in a beautiful and desirable part of the city that is poised for continued growth. This property offers the potential to be owned as an investment property or is perfectly set-up for an owner-operator looking to continue running the dry-cleaning business with living accommodations. All in all, 262 Jane Street is a beautiful property that is ideally located and has a lot of potential for both commercial real estate investors and business owners alike looking to add a valuable asset to their investments. This property offers a Market Cap Rate of 5.7%; at this asking price, its hard to find something else worth adding to your portfolio!
Location
Province ON
County Toronto
Community Lambton Baby Point
Area Toronto
Zoning CR 2.5 (c1.0; r2.0) SS2 (x1563)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 14.75
Lot Depth 79.83
Others
Security Features No
Virtual Tour https://unbranded.youriguide.com/262_jane_st_toronto_on/
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Listed by INTRUST COMMERCIAL REAL ESTATE BROKERAGE INC.