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$1,140,000
Est. payment /mo
1,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Store W Apt/Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $633
Subdivision Weston-Pellam Park
MLS Listing ID W12189360
Annual Tax Amount $9,731
Tax Year 2024
Property Sub-Type Store W Apt/Office
Lot Depth 103.0
Lot Front 15.32
Property Description
Completely Renovated Building & Turnkey Investment Opportunity. Full Building Renovation: Recently renovated from top to bottom with quality finishes andmodern upgrades throughout. European Aluminum Windows & Storefront: Brand-new, energy-efficient aluminum windows and sleek commercial-grade storefront for enhanced curb appeal. Interior Upgrades: New kitchens, flooring, drywall, and high-efficiency water tank installed. Zoning Certificate for Multiplex: Includes a zoning certificate (valued at $60,000) allowingfor a multiplex addition. Ideal opportunity for CHMC financing to support future constructionor expansion. Building ConfigurationCommercial Unit: Ground-level storefront (approx. 1,000 sq. ft.) ideal for retail or officeuse. Residential Units: 2-Bedroom Apartment on the 2nd floor1-Bedroom Apartment Bachelor Unit Basement Storage: Additional storage space available at the rear of the building. Access & Infrastructure: Newly paved laneway behind the property for convenient access anddeliveries. Monthly Rental Income Commercial Unit (Storefront): $3,000/month1st Floor Rear Apartment (1-Bed): $1,600/month 1st Floor Middle Apartment (Bachelor): $1,320/month 2nd Floor Apartment (2-Bed Estimated): $1,950/month ?? Total Monthly Income: $7,870 ?? Annual Gross Income: $94,440
Location
Province ON
County Toronto
Community Weston-Pellam Park
Area Toronto
Interior
Heating Yes
Cooling No
Exterior
Community Features Public Transit
Utilities Available Available
Lot Frontage 15.32
Lot Depth 103.0
Others
Security Features No
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Listed by SOLTANIAN REAL ESTATE INC.