MLS® C13852040 · Listed by THE GREENHEART GROUP. Source: TRREB MLS®. THE AGENCY does not represent this listing.
$2,600,000
Att/Row/Townhouse for sale · 2 bed · 2 bath
Signal
44/100
Soft demand, likely to sit
Likely sale price $2,527,457
Mixed-use investment opportunity in Toronto's King West/Fashion District. The main floor and basement provide retail commercialspace, with one residential unit on the second floor. The residential unit has been recently updated; Annual income is approximately $108,000, providing strong holding income. The property's historic character and Adelaide Street West location add long-term appeal. Potential for future multi-unit residential development subject to municipal approvals, or adaptive reuse/user occupier such as professional or medical office, dental office. Buyer to verify all income, expenses, tenancies, heritage matters and development potential. NOTE: One seller is a Registered Real Estate Saleperson. Reported square footage is estimate and to be confirmed.